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.
Increase in headline rate was expected and will not thwart another quarter-point move but Fed will signal caution ahead ...
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
A top economic adviser to President Joe Biden, Lael Brainard, has offered a statement in reaction to today's CPI report, ...
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
Energy continues to play the primary role in bringing down inflation. Shelter, which is the largest component of the ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
The U.S. dollar and Treasury yields could rise further if inflation data, set to be released at 8:30 Eastern time, are higher ...
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
Overall Consumer Price Index rose by 0.31% (+3.8% annualized) in November, the sharpest increase since April. The 3-month ...
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