CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
Fed Gets Green Light For Rate Cut From CPI, PPI, Jobless Claims; S&P 500 Pauses
The S&P 500 (SNPINDEX: ^GSPC) is up 27% in 2024, as of Dec. 9. Barring a catastrophic market crash in the final three weeks of the year, this will be a celebrated above-average year for the stock market. It wouldn't only represent a great year for the stock market, but it would also represent a spectacular two-year run for the S&P 500.
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
To add to the point made by Chris, for a while now there has been a " benefit of the doubt " approach to the White House and ...
CPI rose by 0.3 percent for the month, as did core CPI. Declines in inflation have clearly leveled off at a pace still in ...
1don MSN
Former Fed Governor Frederic Mishkin joins 'Squawk Box' to discuss the November CPI data, impact on the Fed's inflation fight ...
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