Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI.
The November CPI report aligned with consensus expectations, likely confirming a Fed policy cut next week. The Fed will be concerned by the very stubborn nature of inflation and will be ...
(Getty Images) A top economic adviser to President Joe Biden, Lael Brainard, has offered a statement in reaction to today's CPI report ... the prospect that the Fed might cut its benchmark ...
The report will be released Wednesday at ... I'm pretty sure the Fed is on a lock here." The CPI increase for November likely came from a few key areas, according to Goldman Sachs.
The Consumer Price Index (CPI) report for November is out and with it ... the majority of economists believe the Fed will cut interest rates by 25 basis points at the next meeting.
Fed Chair Jerome Powell xxxAndrew Harnik/Getty Images "Today’s inflation report likely confirms a Fed policy cut next week but, with monthly core inflation hitting its strongest rate since ...
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered. Rising rents and home prices have ...
Core CPI (which excludes volatile food ... Even after a strong November jobs report and sticky inflation data, investors expect the Fed to cut interest rates this month. They see a 96.4% chance ...
The CPI report showed goods costs excluding food and ... which is one reason why it’s trending closer to the Fed’s 2% target. A government report on producer prices due Thursday will offer ...