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.
U.S. stock index futures moved higher on Wednesday as investors stuck to their bets of the Federal Reserve cutting interest ...
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, ...
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 ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.
Traders in the federal-funds-futures market are pricing in a very high probability that the Federal Reserve will cut its benchmark rate next week. Will the market expectations become a self-fulfilling ...
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