Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
ECB, Fed Are Both Expected to Cut Rates. But their Economies Have Very Different Outlooks.
President-elect Donald Trump's tariffs and political crises in France and Germany have darkened the outlook for the euro area.
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.
Rising Inflation Unlikely To Derail December Fed Cut
Overall inflation rose 2.7% on an annual basis in November, matching consensus estimates, and marking the third consecutive month of accelerating prices after they rose 2.4% in September and 2.6% in October.
Firmer November Inflation Won’t Derail a Fed Rate Cut
There wasn’t much progress in cooling inflation in November, but that likely won’t stop the Federal Reserve from lowering interest rates next week. The consumer price index was up 0.3% month over month in November after rising just 0.
Fed rate cut wagers firm up following November inflation report
CPI figures that fell in line with expectations set the table for a December interest rate reduction, with more to come in 2025.
Fresh inflation data set to arrive as Fed weighs rate cuts
Fresh inflation data set for release on Wednesday will provide an update on prices ahead of the holidays and help determine the outcome of an interest rate decision at the Federal Reserve slated for next week.
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Price growth ticked up in November as inflation progress stalls
The pace of price growth ticked up in November, a sign that efforts to cool inflation in the U.S. economy may be stalling.
Inflation ticked up in November as expected
In November, inflation sped up once again. The consumer price index increased 2.7% from a year ago as expected, higher than October's 2.6% rate and the highest reading since July, when the rate was 2.
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