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CPI rose 2.7% in Nov. from a year ago
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 expected." But it wasn't a good report if you are hoping for relief from inflation.
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 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 excess of the Fed’s 2.0 percent long-term goal.
19h
on MSN
Futures move higher after November CPI data
U.S. stock index futures moved higher on Wednesday as investors stuck to their bets of the Federal Reserve cutting interest ...
Marketplace
15h
Inflation hasn’t been beaten yet, latest CPI shows
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
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inflation
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