The consumer price index increased 2.7%, short of the forecast and September's 3% rise.
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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.
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's target rate. The Commerce Department on Wednesday ...
Summary: Mark Zuckerberg testified as a witness in the antitrust lawsuit filed against Meta by the U.S. Federal Trade Commission (FTC). The CEO admitted that TikTok’s rapid rise has slowed Meta’s ...
Inflation slowed more than expected in February and cooled for the first time in five months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to ...
WASHINGTON (AP) — US inflation slowed last month with consumer prices rising 2.7% from a year earlier.
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