So-called core inflation, or CPI data that excludes volatile food and energy prices, rose by 2.6% over the past 12 months, ...
The damage caused by the government shutdown lingers on. The November consumer price index due on Thursday will be missing some key numbers. Since the October CPI was canceled, the November report won ...
Key Takeaways The Consumer Price Index likely rose 3.1% over the year in November, its highest since May 2024.Tariffs have contributed to increased inflation, despite a cooling of price increases for ...
“Big picture, we're seeing a weakening labor market, maybe inflation that's relatively stable, possibly coming down a little bit, but still above the Fed's 2% target,” said Ann Owen at Hamilton ...
U.S. consumer prices rose less than expected in the year to November, but households still faced affordability challenges as ...
The first fresh inflation reading since the government shutdown showed prices unexpectedly eased in November, though the report may not immediately change the Fed’s outlook because of potential ...
Kevin Hassett, a top economist in the Trump administration, expressed enthusiasm about this morning's data on inflation in an interview with Fox Business Network. "I'm not saying we're going to ...
A stronger-than-expected inflation report may cause investors to recalibrate their expectations about how much the Fed might cut rates after September, one chief investment officer says Thursday's ...
For all the myriad caveats, it’s hard not to be encouraged by the latest consumer price index. Core CPI — excluding volatile food and energy — rose just 2.6% from a year earlier, better than every ...
The November jobs report and inflation data, as well as a lineup of Fed speakers, could influence rate-cut outlooks this week.
The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted. By the numbers Economists polled ...
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