CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
There was a small but noticeable increase in stock-market futures after both consumer prices, and the core reading, rose 0.3%. The S&P 500 futures contract rose 0.2% as the Nasdaq-100 contract gained ...
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