Benzinga
  • 5 days ago
The consumer price index rose 2.7% annually in November, up by ten basis points from October, according to the Bureau of Labor Statistics. Core CPI remained stable annually and increased monthly, aligning with Dow Jones expectations. Federal Reserve officials are weighing their next policy move ahead of next week’s meeting. Markets anticipate a quarter-point rate cut on Dec. 18, followed by a pause in January to assess the effects of recent reductions.

Category

🗞
News
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Consumer price index rose 2.7% annually in November, up by 10 basis points from October,
00:08according to the Bureau of Labor Statistics. Core CPI remains stable annually and increased
00:13monthly, aligning with Dow Jones expectations. Federal Reserve officials are weighing their
00:18next policy move ahead of next week's meeting. Markets anticipate a quarter-point rate cut
00:23on December 18th, followed by a pause in January to assess the effects of recent reductions.
00:28For all things money, visit Benzinga.com slash GSTV.

Recommended

0:45
I
Up next
Rising Food Costs Push Consumers To Cook At Home As Restaurants Struggle With Traffic Declines
Benzinga
0:45
PCE Inflation Rises 0.2% In October, Hitting 2.3% Annually, As Core Inflation Matches Forecasts At 2.8%
Benzinga
0:32
Inflation Rate Nears Fed's 2% Target In September Following Rate Cuts
Benzinga
0:48
Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble
Benzinga
0:48
October CPI Up 0.2%, Annual Rate at 2.6% and in Line with Wall Street Estimates. Here's How It Could Impact The Fed's Rate Cut Policy.
Benzinga
0:44
Walmart Named Yahoo Finance's Company Of The Year. Stock Up Over 80% Year-To-Date.
Benzinga
0:39
MSNBC and CNN See Sharp Post-Election Drops, As Fox News Sees Surge
Benzinga
0:38
Amazon Workers Vote To Strike Over Contract Talks
Benzinga
0:42
October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain
Benzinga
0:30
CPI Rises 0.2% in August Driven by Housing Costs. Inflation Hits Lowest Since 2021.
Benzinga
0:31
Odds Of Fed Rate Cut In December Rise, With 'Skip' In January, Following 0.25% Rate Cut
Benzinga
0:33
U.K. Inflation Falls To 1.7% in Sept, Spurs Hopes For BOE Rate Cut
Benzinga
0:33
Fed Expected to Keep Interest Rates High as Optimism Remains High for September Rate Cuts
Benzinga
0:53
Federal Reserve Raises Interest Rates to Highest Level in Over 22 Years
Benzinga
0:37
Retail Spending in May Falls Short of Expectations, Raising Concerns of Economic Slowdown
Benzinga
1:31
August CPI Inflation Report & The Big Misconception About Economists
Benzinga
1:31
Key Inflation Rate Hits Lowest Annual Level in Almost 2 Years
Wibbitz Top Stories
0:43
Druckenmiller Wary of Fed's Overdoing Rate Cuts After Jobs Data. Payrolls Increase, Lower Unemployment Shift Fed Expectations.
Benzinga
1:31
Federal Reserve Announces Pause On Rate Hikes Amid Easing Inflation
Wibbitz Top Stories
0:58
US Inflation Eases More Than Expected In May, Boosts 2024 Rate Cut Prospects Ahead Of Wednesday's Fed Meeting
Benzinga
0:40
U.S. Economy Surpasses Expectations with 3% GDP Growth in Q2. Inflation Remains Above Target, But Far from Pandemic Highs.
Benzinga
0:40
Fed Minutes Show Divisions on Aggressive Rate Cuts. Treasury Yields Surge On Fed Action
Benzinga
0:51
Inflation climbs above Bank of England target to 2.2%
Yorkshire Post
0:40
US Wholesale Inflation Sees Mild Rise in July, Shows Signs of Easing
Benzinga
1:46
S. Korea's consumer prices unchanged in October
Arirang News