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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in November, after rising 0.2 percent in each of the previous 4 months, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment. The index for shelter rose 0.3 ...
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November's Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its final interest rate decision of the year after cutting rates by 75 basis points so far in 2024. The report, set for release at 8:30 a.m. ET on Wednesday, is expected to show headline inflation ...