The Fed’s go-to inflation gauge ticked up less than expected
4 days ago · The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a ...
PCE inflation November 2024: - CNBC
4 days ago · The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
US inflation ticked up last month as some price ... - Associated Press News
Dec 11, 2024 · 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. ... accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s ...
CPI rose 2.7% in November from a year ago as Fed struggles ... - CBS News
Dec 11, 2024 · Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to...
US consumer price increases accelerated last month with inflation ...
Nov 27, 2024 · According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up from just 2.1% in September, though it is still only modestly above the Fed’s 2% target.
Inflation stayed elevated, November CPI report shows - USA TODAY
Dec 11, 2024 · 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...
Inflation hit a bump in October after slowing for six straight …
Nov 13, 2024 · Consumer prices rose 0.2% last month and were up 2.6% from the year before, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. Housing-related...
Inflation | Latest News & Reports | AP News - Associated Press News
As prices continue to rise, the Federal Reserve is raising interest rates to fight inflation. Read the latest coverage around the U.S. economy and rising inflation.
Inflation report: US CPI shows prices fell in June for the first time ...
Jul 12, 2024 · Falling gas prices as well as a drop in new and used car prices helped to usher in the first month-on-month decline since May 2020, BLS data showed. On an annual basis, consumer prices are...
Live Updates: Inflation Runs Hotter Than Expected
Apr 10, 2024 · The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation.