Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.
U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
Producer inflation remained too high in November, but there were signs of progress below the surface. An interest-rate cut by ...
Johnson said he didn't discuss Gaetz Ethics Committee report with Trump House Speaker Mike Johnson on Sunday maintained that he had not discussed the House Ethics Committee’s report on former Rep.
U.S. inflation ticked higher in November while core price pressures held at multiyear lows, potentially completing the ...
Wednesday's report showed inflation edged higher in November — but it isn't expected to deter the Federal Reserve from ...
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
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 ...
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve’s plans for another rate cut.