Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing. The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%, the...
Key Fed inflation measure shows 2.4% rate in November, lower than expected
Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday. The personal consumption expenditures price index, the Fed's preferred inflation gauge, showed an increase of just 0.1% from October. The...
Key Fed inflation measure shows 2.4% rate in November, lower than expected
Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday. The personal consumption expenditures price index, the Fed's preferred inflation gauge, showed an increase of just 0.1% from October. The...
UK inflation rises to 2.6% in November, in line with expectations
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital's financial district, on 20th November 2024, in London, England. Richard Baker | In Pictures | Getty Images LONDON — U.K. inflation rose to 2.6% in November, the Office for National Statistics...