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.
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 ticks higher in November, with prices rising for used cars and groceries
Federal Reserve officials have made clear that they expect inflation to fluctuate even as it gradually cools toward their target level.
Progress on inflation stalled in November as prices rose
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Inflation ticked up in November as expected
The consumer price index showed inflation accelerated again in November.
Consumer Prices Rose in November as Inflation Remains Sticky
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation continues to pressure household budgets.
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
November Inflation Shows Little Progress. What It Means for the Fed.
Inflation showed little progress in cooling to the Federal Reserve’s 2% target in November, though the pace of price growth was in line with economists’ expectations. The consumer price index climbed 2.
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.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.
November inflation increase won't derail Fed interest rate cuts
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November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
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South Africa inflation quickens slightly to 2.9% y/y in November
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The Associated Press on MSN2d
Second-warmest November on record means that 2024 is likely to be Earth’s hottest year, report says
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