Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Here's the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.
Inflation ticked up in November as expected
The consumer price index showed inflation accelerated again in November.
November Inflation Shows Little Progress. What It Means for the Fed.
Inflation showed little progress in cooling to the Federal Reserve’s 2% target in November, though the pace of price growth was in line with economists’ expectations. The consumer price index climbed 2.
Progress on inflation stalled in November as prices rose
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.
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.
Price growth ticked up in November as inflation progress stalls
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling. Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics reported Wednesday.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed ...
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 ...
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 ...
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 ...
US budget deficit climbs to $367 billion in November on calendar payment shifts
The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments ...
Consumer Prices Rose in November as Inflation Remains Sticky
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation ...
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate ...
November CPI Up As Expected
CPI rose by 0.3 percent for the month, as did core CPI. Declines in inflation have clearly leveled off at a pace still in ...
South Africa inflation quickens slightly to 2.9% y/y in November
South Africa's headline consumer inflation rose to 2.9% year on year in November from 2.8% in October , data from the ...