US consumer prices post largest rise in 7 months

US consumer prices post largest rise in seven months; rents finally slowing
U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate cut next week to support a labor market that has been cooling.
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week.
US Consumer Prices Post Largest Gain in Seven Months in November
The consumer price index rose 0.3% last month, the largest gain since April after advancing 0.2% for four straight months, the Labor Department's Bureau of Labor Statistics said on Wednesday. In the 12 months through November, the CPI climbed 2.7% after increasing 2.6% in October.
US consumer prices post largest gain in seven months
December 11, 2024. U.S. consumer prices increased by the most in seven months in November, but that is unlikely to
U.S. Consumer Prices Rise In Line With Estimates In November
The Labor Department released a closely watched report on Wednesday showing consumer prices in the U.S. rose in line with economist
U.S. consumer prices post biggest rise in seven months
WASHINGTON >> U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate cut next week to support a labor market that has been cooling.
Annual consumer inflation rose to 2.7% in November, in line with expectations
U.S. consumer prices rose in line with analysts' expectations, according to the Bureau of Labor Statistics monthly report ...
Strengthening Inflation Poses Challenge for Trump, Fed
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Stock market today: Indexes slip after wholesale inflation comes in hotter than expected
Indexes dipped slightly on Thursday, with the Nasdaq pulling back from records. A slightly hot PPI report didn't derail the ...
Gold Price Forecast: XAU/USD on its way to challenge record highs
The United States will publish the November Consumer Price Index on Wednesday. XAU/USD recovered its bullish poise and aims towards $2,700 in the near term. Spot Gold maintains its bullish route on ...
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US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Wholesale costs in the United States picked up sharply last ... down from a four-decade high of 5.3%. The producer ...