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.
Inflation hasn’t been beaten yet, latest CPI shows
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in October the number grew to 2.6%, and in November it grew again, to 2.7%. So shouldn’t we be a little freaked out by that?
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could ...
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next ...
Energy continues to play the primary role in bringing down inflation. Shelter, which is the largest component of the ...
One metric to watch in the CPI data is the year-over-year core CPI, which will play a key role in the outlook for Federal ...
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 printed in-line at .3 on core and headline. Importantly, rent and owners' equivalent rent finally declined to .2 for the ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
Increase in headline rate was expected and will not thwart another quarter-point move but Fed will signal caution ahead ...
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