Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
20hon MSN
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Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
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