Producer Inflation Expected to Remain Hot in November
Wholesale inflation data on Thursday are likely to be the latest setback in the last mile of the Federal Reserve’s inflation fight, but a December interest-rate cut will remain all but assured. Officials remain confident inflation’s long-term trajectory is toward the central bank’s 2% annual target,
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.
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 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.
Inflation rose in November for second month in a row, up to 2.7%
Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for the first time in a while.
US inflation rose to 2.7% in November
US inflation rose to 2.7 per cent in November, as the Federal Reserve considers how quickly to press ahead with lowering interest rates. The figure was in line with the expectations of economists polled by Bloomberg but higher than October’s rate of 2.
Annual consumer inflation rose to 2.7% in November, in line with expectations
U.S. consumer prices rose in line with analysts' expectations, according to the Bureau of Labor Statistics monthly report released Wednesday.
US Consumer Inflation Rises To 2.7% In November: Govt
US consumer inflation ticked up for a second consecutive month in November, according to government data published Wednesday, complicating the Federal Reserve's deliberations over interest rates.
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 Federal Reserve weighs another interest rate cut.
CPI Inflation Rises To 2.7% In November
Inflation rose again in November, matching expectations from analysts in this year’s final report for rising consumer prices ahead of an expected rate cut. Consumer prices rose 2.7% from November 2023 to last month,
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 ...
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 ...
November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
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 ...
November CPI Up As Expected
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 ...
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 ...
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November 2024 was the hottest in New Orleans history. Here's how it broke records.
Last month's average temperature of 70.2 degrees was a whopping 7.8 degrees higher than the New Orleans area's historical ...
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 ...
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories like shelter, according to the consumer ...