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.
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 ...
Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
Traders in the federal-funds-futures market are pricing in a very high probability that the Federal Reserve will cut its benchmark rate next week. Will the market expectations become a self-fulfilling ...
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