Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will makes its final rate decision for 2024.
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago
Inflation increased in November, complicating Fed's next rate decision
Inflation has fallen dramatically but remains above the Fed's target rate. Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week.
Inflation data paves way for more Fed rate cuts into next year, says CIO
Fresh inflation data sets the table for a Federal Reserve rate cut at its policy meeting next week and paves the way for more cuts next year. That's Whitney Watson, global co-head and co-chief investment officer of fixed income and liquidity solutions within Goldman Sachs Asset Management,
Inflation Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.
Fed-funds futures now point to a nearly 100% chance that Fed officials opt for another quarter-point cut next week.
Mortgage Rates Inch Up After Declining Most of the Last 3 Weeks
After sinking most of the last three weeks and dipping to a 7-week low, 30-year mortgage rates have ticked up slightly. Rates ...
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week.
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Inflation rises 2.7% in November, in line with expectations
The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the ...