Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.
Category: Consumer Price Index
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Auto Insurance Spike Hampers the Inflation Fight
Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.
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Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?
Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.
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A Hot CPI Report Forces a Rethink of Chances of a Soft Landing
Worries of higher-for-longer interest rates have grown since Tuesday’s Consumer Price Index report.
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Latest CPI Report Is a Crucial Inflation Report Card
Investors and the White House will pore over the latest Consumer Price Index report for clues on prices — and potential interest rate cuts.
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Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down
Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a normal pace.
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Inflation Is Moderating, but Pressure Remains on Biden
Voters have taken a downbeat view of the economy because costs have remained stubbornly high.
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Will America’s Good News on Inflation Last?
One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.
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Inflation Holds Roughly Steady Ahead of Fed Meeting
Consumer prices rose 3.1 percent in the year through November, and a closely watched core index was roughly the same rate as the previous month.
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Global Markets Cheer on Better Than Expected Inflation Data
A better-than-expected Consumer Price Index report triggered a big surge in stocks and bonds, as investors bet that interest rates will begin to fall.
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Stock Market Rallies After CPI Inflation Report
The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
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An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates
Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.