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This Texas metro area saw an inflation rate of 5.3% over the last year.
The country reached an 8.3% inflation rate in August, the most recent month for which Consumer Price Index data is available from the Bureau of Labor Statistics. See: Consumer Price Index Shows...
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An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The milder inflation figures arrive ...
The Nasdaq Composite breached 20,000 for the first time on Wednesday after November's inflation data revived momentum into the equity rally. Tech stocks led the way, pushing the index up 1.7%.
West Texas Intermediate crude rose 1.3% to $74.23 a barrel. Brent crude , the international benchmark, climbed 1.34% to $77.62 a barrel. Gold rose 0.36% to $2,635.6 an ounce.
The Bureau of Labor Statistics released its January Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.
West Texas Intermediate crude rose 3.7% to $75.93 a barrel. Brent crude , the international benchmark, climbed 3.7% to $79.44 a barrel. Gold rose 0.8% to $2,646.7 an ounce.