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CPI, Federal Reserve and Inflation
CPI Inflation report builds on case for December Fed interest rate cut
U.S. inflation ticked higher in November while core price pressures held at multiyear lows, potentially completing the picture for the Federal Reserve's end-of-year interest-rate decision next week. The Commerce Department said its headline Consumer Price Index for November was pegged at an annual rate of 2.
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.
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.
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7h
November CPI Came In "As Expected" Showing Inflation Is Sticky
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
1d
November CPI: Second Consecutive Inflation Increase, Not Cause For Concern
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
1d
CPI Report Today: Bond Yields Rise as Investors Await Inflation Data
The consumer-price index is due this morning. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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