Economist say the new consumer price data is based on incomplete information because of the government shutdown.
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...
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Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
U.S. consumer prices rose less than expected in the year to November, but households still faced affordability challenges as ...
Millions of Americans braced for runaway inflation in response to President Trump's aggressive import tariffs. They're still ...
After long-awaited government data showed underlying US inflation cooled to a four-year low in November, economists agreed on ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts. The ...
Energy prices, driven up by sharply higher fuel oil prices, rose 4.2% in November. Excluding volatile food and energy prices, so-called core inflation rose 2.6%, compared with a 3% year-over-year gain ...
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