Inflation falls to 2.7% as slower housing and food increases offset a surge in electricity

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 drops to lowest level in months, defying expectations of uptick

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.

5 takeaways from the surprising November inflation decline

The highly anticipated November inflation report showed prices appearing to grow at a far slower rate, surprising analysts and markets after a year of stubbornly rising costs. The consumer price

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.

Inflation remained elevated in November as Fed considers pausing interest rate cuts

The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate.

Can the inflation drop improve mortgage interest rates?

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

Food prices help drive UK inflation to lowest rate in eight months

Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers.
Feedback