The CPI report Wednesday is expected to show that progress on inflation has hit a wall
To be sure, inflation has moved down considerably from its CPI cycle peak around 9% in June 2022. However, the cumulative impact of price increases has been a burden to consumers, particularly those at the lower end of the wage scale. Core CPI has been drifting higher since July after showing a steady series of declines.
November CPI Report: What to Know Ahead of Tomorrow’s Inflation Data
Here are the key points to know ahead of the latest consumer-price index, due Wednesday at 8:30 a.m. ET: Prices likely rose 2.7% in the 12 months through November, economists polled by the Wall Street Journal expect.
November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
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 Reserve interest-rate policy, said Brett Kenwell, U.S. investment analyst at e Toro.
Dow Futures Falling Ahead of Key CPI Inflation Report
U.S. stock futures struggled for direction early Wednesday as investors played a waiting game ahead of crucial inflation data. The anticipation of November’s consumer price index data hasn’t helped the stock market,
Stock market today: Indexes slip as investors brace for November inflation report
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut.
Stock Market Today: Stocks mixed with CPI inflation report up next
The Commerce Department is expected to report that headline inflation pressures ticked modestly higher last month, with economists looking for a year-on-year advance of 2.7%. Core
US wholesale inflation surged higher in November
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.
U.S. stock futures remain higher after CPI report shows inflation rises 2.7% in November, as expected
U.S. stock-index futures were higher on Wednesday early morning after the November consumer-price index report showed annual inflation rate ticked up to 2.7% last month, but in line with Wall Street forecasts.
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
US inflation rose to 2.7% in November
US inflation rose to 2.7 per cent in November, as the Federal Reserve considers how quickly to press ahead with lowering interest rates. The figure was in line with the expectations of economists polled by Bloomberg but higher than October’s rate of 2.
Why Wednesday's CPI report could matter more to the stock market this time
The options market was anticipating a modest S&P 500 reaction to this week's consumer-price index report, but analysts at ...
What to Expect From Wednesday's Inflation Report
Inflation has barely budged in recent months, and that trend is likely continued in November, as measured by the Consumer ...
Wednesday's CPI data to offer the latest look at inflation
The market (^DJI,^GSPC, ^IXIC) braces for new economic data, with the latest Consumer Price Index (CPI) report set to be ...
Asia-Pacific markets mixed as China's key economic meeting kicks off; eyes on U.S. CPI report
Asia-Pacific markets trade mixed on Wednesday, as traders are eyeing upcoming US inflation data and China’s economic work ...
Why the coming inflation report may be more important than markets think
While economic growth fears have ebbed, inflation is inching higher, and November CPI will set the tone for the stock market ...
Forex Factory1d
The US CPI report Wednesday is expected to show progress on inflation has hit a wall
A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, ...