CPI report shows inflation rate rose at a 2.7% pace
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2don MSN
Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
US CPI was surprisingly soft in November with an annual headline rate of just 2.7%. There is some scepticism due to the scale ...
Millions of Americans braced for runaway inflation in response to President Trump's aggressive import tariffs. They're still ...
Treasuries advanced as softer-than-forecast US inflation data bolstered expectations that the Federal Reserve will cut its benchmark interest-rate at least twice next year.
Wall Street surged higher on Thursday as official figures delayed by the government shutdown showed that the annual rate of ...
Energy prices, driven up by sharply higher fuel oil prices, rose 4.2% in November. Excluding volatile food and energy prices, so-called core inflation rose 2.6%, compared with a 3% year-over-year gain ...
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
US inflation is set to rise modestly to around 4% by early 2026, but this is widely anticipated and unlikely to surprise markets. Goods and food inflation are driving near-term CPI increases, ...
European shares made broad-based gains on Thursday, with lower-than-expected U.S. inflation strengthening hopes for Federal ...
Gold prices hover near record highs as cooling US inflation strengthens expectations for interest-rate cuts. Spot gold trades ...
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