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.
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest ...
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
This story has been updated to remove a sentence that was erroneously included. The November Consumer Price Index, released ...
If you’ve been searching to buy a new home, car, or staring at your credit card balance wondering why it’s growing faster ...
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Citigroup's revision came after data on Friday showed nonfarm payrolls rose by 227,000 jobs last month, following an upward ...
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
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