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Barclays expects inflation to climb back to 2.8% by next December while the core reading drifts up to 3.1%. This article originally appeared on USA TODAY: CPI report shows inflation rose to 5 ...
Friday's data did contain one sign of still-persistent inflation: Year-over-year inflation edged up to 2.4% in November from 2.3% in October and above the Fed’s 2% inflation target.
In fact, the Fed’s December meeting minutes showed officials believed inflation could take longer than anticipated to reach their 2% goal, citing stickier-than-expected inflation data since past ...
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 ...
Price check. A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation was at 2.9% annually ...
The monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels, in line with consensus estimates from economists.
The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies. October inflation data meets forecasts, keeping Fed on track for December rate cut [Video ...
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...