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 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 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.

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%.

Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide

U.S. stocks are rising following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year.

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.

Commerce secretary predicts 'extraordinary year' ahead as inflation drops to 2.7% in November

Commerce Secretary Howard Lutnick says the drop in inflation to 2.7% shows White House policies are working, even as consumer confidence remains low.

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.
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