NBC News logo
Fox Business logo
Epoch Times logo
6 articles
·6M

November Inflation Data Shows Modest Increase, Fed Adjusts Rate Cut Forecasts

November inflation indicates only a slight rise, with Fed officials lowering expected interest rate cuts due to persistent inflation concerns.

Overview

A summary of the key points of this story verified across multiple sources.

A report from the Commerce Department revealed that inflation rose 0.1% in November, maintaining an annual rate of 2.4%, above the Fed's target. Core inflation remained steady at 2.8%. Consumer spending grew by 0.4%, slightly below expectations. Following the latest inflation data, the Fed revised its 2025 rate cut projections from four to two, citing ongoing inflation challenges. While the benchmark rate was lowered to between 4.25%-4.5%, Fed Chair Jerome Powell emphasized the need for cautious progress on inflation before further cuts are considered.

Content generated by AI—learn more or report issue.

Pano Newsletter

Get both sides in 5 minutes with our daily newsletter.

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Analysis unavailable for this viewpoint.

Articles (6)

Compare how different news outlets are covering this story.

Center (3)

History

See how this story has evolved over time.

  • 6M
    CNBC logo
    Associated Press logo
    Newsmax logo
    3 articles