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Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices.The yearly increase matched ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% over the prior year in November, a slight uptickfrom October's 2.6% annual gain in ...
The CPI report and Fed policy meeting have fallen on the same day just seven times since 2014, according to Bank of America. A massive day for the US economy is coming: What to watch Skip to main ...
Overall consumer prices increased 2.9% from a year earlier, up from 2.7% in November, according to the Labor Department’s consumer price index, a broad measure of goods and services costs.
Following the CPI report, investor bets on a 25 basis point rate cut rose to 85%, as measured by the CME Fed Watch Tool. Last week, both New York Fed president John Williams and Fed governor Chris ...
"The October CPI report will likely support the notion that the last mile of inflation's journey back to target will be the hardest," Wells Fargo's economics team led by Jay Bryson wrote in a ...
The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration compared to July's 2.9% annual gain in prices and the lowest annual rate since early 2021.
Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.3% from the year prior, up from the 3% ...