Asian markets rose on Thursday after US inflation data cleared the way for another Federal Reserve rate cut next week. November inflation in the world’s largest economy came in at 2.7 per cent, higher ...
US inflation sped up in November for the second-straight month. Despite the accelerated rate, the figures are in line with market expectations, increasing the likelihood of an interest-rate cut.
According to the latest numbers from the U.S. Labor Department, consumer prices rose 2.7% in November, fueled by an increase in used car, hotel room, and grocery prices. These inflation numbers are a ...
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.