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 decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Investors still expect the Federal Reserve to cut interest rates next week even [after a somewhat hottish rise in the consumer price index]( ...
22mon MSN
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal ...
Policymakers will decide whether or not to cut interest rates next week, and Wednesday’s report could be a critical factor.
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets ...
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