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.
Richard Fisher, former Dallas Fed president, joins CNBC's 'Closing Bell' to discuss whether the Fed should cut interest rates ...
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest ...
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
This story has been updated to remove a sentence that was erroneously included. The November Consumer Price Index, released ...
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next ...
If you’ve been searching to buy a new home, car, or staring at your credit card balance wondering why it’s growing faster ...
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
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