U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering more evidence that the Federal Reserve was unlikely to ...
CPI inflation data showed firmer core price pressures amid higher medical costs. The S&P 500 wavered amid uncertainty ahead of Wednesday's Fed meeting.
US underlying inflation picked up in November, reinforcing the Fed's intent to keep interest rates elevated in the near term.
The Bureau of Labor Statistics reported that the Consumer Price Index increased 3.1% in November from year-ago levelsโa tick downward from October's 3.2% ...
Inflation continues to fall, but core inflation remains sticky at a level higher than what the Fed wants.