U.K. Inflation Rate Slows to 10.7 Percent
Helped by an easing of price increases for fuel and other goods, the rate of inflation in November edged down from a 41-year high.
Posted inConsumer Price Index Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Recession and Depression United States Economy
Inflation Cooled Notably in November, Good News for the Fed
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
Posted inConsumer Price Index Inflation (Economics) Interest Rates Standard & Poor's 500-Stock Index United States Economy
Stocks Soar as Investors Welcome Signs of Cooling Inflation
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
Posted inConsumer Price Index Inflation (Economics) Interest Rates Standard & Poor's 500-Stock Index United States Economy
Stocks soar as investors welcome signs of cooling inflation.
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.