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.
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
To be sure, inflation has moved down considerably from its CPI cycle peak around 9% in June 2022. However, the cumulative ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down ...
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