U.s. Consumer Prices Post First Drop In Six Months

WASHINGTON (Reuters) - U.S. consumer prices fell in November for the first time in six months, pointing to muted inflation pressures that should allow the Federal Reserve to stay on its ultra-easy monetary policy path as it nurses the economy back to health.

Sections:  news   business   
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • U.S. producer prices post biggest gain in more than a year
    U.S. producer prices increased by the most in more than a year in January, boosted by rises in the costs of services such as healthcare and hotel accommodation. The Labor Department said on Wednesday ...
    02/19/2020 - 1:47 am | View Link
  • U.S. producer prices post biggest gain in more than a year
    The government last week reported a pickup in core consumer prices ... wholesale energy prices fell 0.7% after jumping 1.5% in December. They were pulled down by a 1.5% drop in gasoline prices ...
    02/19/2020 - 1:41 am | View Link
  • Japan on Brink of Recession as Economy Contracts, Virus Heightens Risk
    The epidemic has forced factories in China to shut down and led to a sharp drop in Chinese tourists. Still, many analysts doubt whether the government and the central bank have effective means to ...
    02/16/2020 - 4:47 pm | View Link
  • U.S. Brief, February 13
    Later today, the Labor Department will post Consumer Price Index for January (+0.2% on month expected), and Initial Jobless Claims for the week ended February 8 (210,000 expected). On Thursday, the ...
    02/13/2020 - 3:08 am | View Link
  • Rents lift U.S. core inflation; weekly jobless claims rise slightly
    WASHINGTON — U.S. underlying consumer prices picked up in January, while the number of Americans filing claims ... Powell added that “over the next few months, we expect inflation to move closer to 2% ...
    02/13/2020 - 3:04 am | View Link
  • More
  • U.S. consumer prices post first drop in 13 months
    The Labor Department said on Friday its Consumer Price Index dropped 0.3 percent, the first decline since February 2016, after nudging up 0.1 percent in February. That lowered the year-on-year...
    02/7/2020 - 1:44 am | View Website
  • U.S. consumer prices, retail sales weaken in May
    U.S. consumer prices unexpectedly fell in May and retail sales recorded their biggest drop in 16 months, suggesting a softening in domestic demand that could limit the Federal Reserve's ability to ...
    02/3/2020 - 11:21 am | View Website
  • U.S. Consumer Prices Post First Drop in 10 Months on Weak ...
    U.S. consumer prices fell for the first time in 10 months in March, weighed down by a decline in the cost of gasoline, but underlying inflation continued to firm amid rising prices for healthcare ...
    02/3/2020 - 8:29 am | View Website
  • U.S. Consumer Prices Post First Drop In Nine Months On ...
    U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs...
    01/31/2020 - 8:07 pm | View Website
  • U.S. consumer prices drop, but inflation still high ...
    WASHINGTON — U.S. consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, but underlying inflation pressures remain elevated. The Consumer Price Index fell 0.2%, the Labor Department said on Friday, the largest drop since June 2010, after rising 0.2% in May.
    01/29/2020 - 3:27 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News