U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
US core inflation posted a fourth consecutive 0.3% print, showing that progress towards the Fed inflation goal has clearly ...
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher ... food and energy costs, so-called core prices increased 3.3%, the same as in the ...
US inflation rose in November ... Month-over-month, core inflation grew 0.3% — in line with a month earlier. “The increase in the inflation rate won’t be enough to spoil Christmas ...
The Federal Reserve cut interest rates by 25 basis points to a target range of 4.25%-4.5%, triggering a sharp sell-off on ...
Wholesale costs in the United States ... so-called core producer prices rose 0.2% from October and 3.4% from November 2023. Higher food prices pushed up the November wholesale inflation reading ...
The rise adds to the challenges the Fed faces returning inflation to its long-term target of two percent, potentially slowing the pace of rate cuts over the coming months. The US central bank ...
Rising Federal deficits and debt, coupled with potential Trump tariffs, could exacerbate inflation, forcing the Fed to hike ...
US Consumer Price Increases ... Economists closely watch core prices because they typically provide a better read on where inflation is headed. Inflation has fallen sharply since it peaked at ...
Excluding volatile food and energy costs, so-called core ... cuts rates to try to stimulate the economy enough to maximize employment yet not so much as to drive inflation high. But the US economy ...
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