Price growth ticked up in November as inflation progress stalls

Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.

Topics

US inflation rose to 2.7% in November

Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next week
Financial Times - 36m
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 - 8h
Consumer Price Index indicates inflation rose 0.3% in November

The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...
NBC News - 8h
Inflation Ticks Up, but Details Are Encouraging for the Fed

Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.
The New York Times - 3h
US inflation rose to 2.7% in November

Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next week
Financial Times - 5h
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 - 6h
Inflation ticks higher as Fed eyes another rate cut

Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...
The Hill - 9h
Job Growth Bounced Back in November

After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.
Inc. - 5d
Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data
Financial Times - Dec. 2