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.
Inflation has grabbed headlines since 2020, climbing to the top of the list of concerns for many households globally. But ...
There's a growing fear among market commentators the Fed will make a policy mistake. The concern is that cutting rates too ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
The Federal Reserve could find it harder to balance growth and inflation next year, given the incoming Trump administration’s ...
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to ...
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Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 ...
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