US consumer spending solid; inflation showing progress as year …
5 days ago · It forecast only two rate reductions in 2025, in a nod to the economy's continued resilience and still-high inflation. In September, Fed officials had forecast four quarter-point rate cuts next year.
The Fed’s go-to inflation gauge ticked up less than expected
5 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 ...
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.
CPI report updates: Inflation rises slightly | AP News
Nov 13, 2024 · Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month.
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 report for May 2024 reveals how the U.S. economy ... - NBC News
Jun 12, 2024 · One of the most-watched inflation metrics showed a slight slowdown Wednesday, a sign that the price growth that has bedeviled the U.S. economy may be easing. Consumer prices rose 3.3% on a...
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.
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...