US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Fueled by pricier used cars, hotel rooms and groceries, U.S. inflation rose slightly last month in the latest sign that some price pressures remain elevated.
Inflation rose to 2.7% in November, aligning with economists' expectations of incoming president's plans to strengthen US global position through tariffs. Read what investors need to know.
Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month.
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday ...
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Inflation rose as expected in November, with the Consumer Price Index (CPI) report showing that the index rose by 0.3% month-to-month, a 2.7% rise year-to-date. The print comes just ahead of the ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday ...
Economists generally agree that broad tariffs on trade partners would lead to higher prices, with the burden falling on US businesses and consumers. This price increase could drive inflation higher, potentially disrupting the Fed's interest rate cuts and causing volatility in financial markets, thereby increasing economic uncertainty.