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.
CPI data shows a slight inflation increase; market reacts positively, but inflationary pressures may resurface in 2025. Click ...
November's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.
Inflation has barely budged in recent months, and that trend is likely continued in November, as measured by the Consumer ...
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