Inflation pressures eased more than expected in November, according to the latest data on consumer prices published by the Bureau of Labor Statistics on Thursday. The Consumer Price Index (CPI) rose 2.

Kevin Hassett, a top economist in the Trump administration, expressed enthusiasm about this morning's data on inflation in an interview with Fox Business Network. "I'm not saying we're going to declare victory yet on the price problem,

Thursday's release of November's CPI data showed inflation had unexpectedly eased to an annual rise of 2.7% that month, but economists expressed caution as the government shutdown impacted results.

New York Fed President John Williams called Thursday's November CPI data "pretty encouraging," noting that they reflect a continuing disinflationary process, according to a broadcast interview on Friday.

Discover how the CPI-W measures inflation affecting urban wage earners and clerical workers, impacting cost-of-living adjustments and economic decisions.

Headline annual CPI inflation fell unexpectedly to 2.7 per cent in November, down from 3 per cent in September and 3.1 per cent expected. (The BLS is not releasing overall inflation data for October due to the government shutdown) Core inflation dropped to 2.6 per cent versus 3 per cent in September

The U.S. Bureau of Labor Statistics on Tuesday releases its long-awaited combined employment reports for October and November, but a number of key details will be missing after the government shutdown prevented data collection,

The CPI’s housing inflation measure, the shelter index, increased 3% year over year in November. That was a significant pullback from the 3.6% year-over-year gain reported in September and a large deceleration from the 4.

Major market averages pared back earlier gains on Thursday despite a renewed bid for AI-related names and a notably cooler-than-expected consumer inflation report. Out in front was the tech-focused Nasdaq Composite (COMP:IND) as it was last higher by 1.