CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve

New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.

Topics

Annual inflation rate accelerates to 2.7% in November, as expected

The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.
CNBC - 9h
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut

Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.
MarketWatch - 6h
Inflation remains sticky, with CPI rising 2.7% from a year ago

Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
CBS News - 8h
The CPI report Wednesday is expected to show that progress on inflation has hit a wall

The consumer price index is expected to show a 2.7% 12-month inflation rate for November.
CNBC - 1d
Treasury yields finish higher for second day, ahead of CPI inflation data

Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...
MarketWatch - 1d
10 new TV shows from 2024 that are worth watching before the new year

It could be argued that 2024 wasn’t the best year for TV
ABC News - 1d
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...
The Guardian - 5d

CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve

Topics

Related

Annual inflation rate accelerates to 2.7% in November, as expected

This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut

Inflation remains sticky, with CPI rising 2.7% from a year ago

The CPI report Wednesday is expected to show that progress on inflation has hit a wall

Treasury yields finish higher for second day, ahead of CPI inflation data

10 new TV shows from 2024 that are worth watching before the new year

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

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