November, Inflation
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Bank of England, inflation and Interest Rate
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Trump, inflation
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Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The released figures may include significant holiday discounting,
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
4hon MSN
Harvard economist says Trump inflation report leaves ‘no other way to spin it’ but good news
Harvard economist calls the latest inflation report "positive news" as the rate falls to 2.7%, surprising analysts who expected it to stay above 3%.
Inflation had risen steadily through 2025, amid President Trump's aggressive tariff campaign. Will it stick around in 2026?
Consumer prices rose 2.7% in November compared to a year earlier, marking a notable reduction from 3% year-over-year inflation in September, the most recent month for which complete data is available. Inflation stands at its lowest level since July.
Commerce Secretary Howard Lutnick says the drop in inflation to 2.7% shows White House policies are working, even as consumer confidence remains low.
Follow MarketWatch's live coverage of the November CPI report and what the latest inflation read could mean for the economy and interest rates next year.
“Big picture, we're seeing a weakening labor market, maybe inflation that's relatively stable, possibly coming down a little bit, but still above the Fed's 2% target,” said Ann Owen at Hamilton College. The data were collected in late November, during peak Black Friday discount season.
NEW YORK (AP) — U.S. stocks are jumping on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at least for now.