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Inflation moved up for a second month in a row, rising one tenth of a percentage point to 2.7% for the year ending in November, the Bureau of Labor Statistics reported Wednesday in an update to ...
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.
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. Consumer prices were up 2.7% for the 12 months ended in ...
Inflation was a little bit higher in November than October, but probably not high enough to alarm policymakers at the Federal Reserve. The central bank is still expected to lower interest rates.
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation continues to pressure household budgets.
Inflation, as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
Consumers in November saw CPI inflation raise prices 2.7% on an annual basis and 0.3% on the month, according to a Wednesday report from the Bureau of Labor Statistics.
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI.
Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for the first time in a while.
The Consumer Price Index rose 2.7% versus a year ago last month — above the 2.6% increase seen in October, but falling in line with expectations, the Labor Department said on Wednesday.