November’s Consumer Price Index (CPI) report arrived yesterday – and it was just what stocks needed to continue rallying.
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
Financial markets reacted positively to November CPI report, fueling expectations of a Fed rate cut next week. Click for my ...
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 ...
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
To be sure, inflation has moved down considerably from its CPI cycle peak around 9% in June 2022. However, the cumulative ...
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets ...
Wednesday's November CPI showed little progress being made toward the Federal Reserve's 2% target and raises doubts about the ability of officials to cut rates as much as they expected, one chief ...
Consumer inflation accelerated in November to 2.7% from 2.6% and core CPI was sticky at 3.3%. But a December Fed rate cut ...