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 ...
U.S. stock index futures moved higher on Wednesday as investors stuck to their bets of the Federal Reserve cutting interest ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
U.S. Treasury yields were little changed on Wednesday ahead of the release of November's consumer price index data.
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