June, inflation and federal reserve
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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.
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Inflation rose to 3% in November in producer price index - MSNInflation, 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. The increase in ...
All eyes are on the UK's jobs market as Thursday's upcoming figures are expected to determine the Bank of England's next move
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.
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
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.