{"id":51382,"date":"2025-12-18T03:06:00","date_gmt":"2025-12-18T09:06:00","guid":{"rendered":"https:\/\/ustower.net\/?p=51382"},"modified":"2025-12-18T05:45:43","modified_gmt":"2025-12-18T11:45:43","slug":"inflation-report-to-be-released-thursday-expected-to-show-slight-uptick-in-november","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=51382","title":{"rendered":"Inflation report to be released Thursday expected to show slight uptick in November"},"content":{"rendered":"\n

An inflation<\/a> report to be released on Thursday will offer a look at price increases for the first time in nearly two months, after the 43-day government shutdown<\/a> impaired data collection.<\/p>\n\n\n\n

The fresh data is set to arrive amid an uptick of inflation over recent months that has coincided with a flurry of tariffs<\/a> issued by President Donald Trump. Economists expect that acceleration of price increases to have continued last month, forecasting a jump in year-over-year inflation from 3% in September to 3.1% in November.<\/p>\n\n\n\n

The report will detail the latest price movements for\u00a0high-profile items<\/a>\u00a0like coffee, beef and eggs.<\/a><\/p>\n\n\n\n

In September — the most recent month for which data is available — the price of coffee soared nearly 19% and the price of beef jumped about 15%, when compared to the same month a year prior.<\/p>\n\n\n\n

The year-over-year price of eggs dropped nearly 5% in September, offering a bright spot for consumers.<\/p>\n\n\n\n

The federal government will issue partial price data for October, but the release will not include a figure for the overall rise in prices that month, since officials failed to collect sufficient information during the government shutdown, the Bureau of Labor Statistics<\/a> (BLS) previously said in a statement.<\/p>\n\n\n\n

The latest snapshot of price increases comes at a wobbly period for the U.S. economy, landing in a period marked by sluggish hiring and elevated inflation.<\/p>\n\n\n\n

Two major economic data releases earlier this week flashed warning signs, some analysts previously told<\/a> ABC News.<\/p>\n\n\n\n

The U.S. added 64,000 jobs in November, which marked a significant decline from 119,000 jobs added in September, the most recent month for which complete data is available, the BLS said in a jobs report<\/a> on Tuesday.<\/p>\n\n\n\n

The unemployment rate ticked up to 4.6% in November from 4.4% in September. Unemployment remains low by historical standards but has inched up to its highest level since 2021.<\/p>\n\n\n\n

A retail sales report on Tuesday also sounded a cautionary note about consumer spending, which accounts for about two-thirds of U.S. economic activity. Retail sales were left unchanged in October from September, meaning performance remained flat despite the ramp-up of the holiday season, U.S. Census Bureau data showed.<\/p>\n\n\n\n

Last week, the Federal Reserve cut<\/a> its benchmark interest rate a quarter of a percentage point in an effort to boost the sluggish labor market. The move amounted to the third rate cut this year, bringing the Fed’s benchmark rate to a level between 3.5% and 3.75%.<\/p>\n\n\n\n

Interest rates have dropped significantly from a recent peak attained in 2023, but borrowing costs remain well above a 0% rate established at the outset of the COVID-19 pandemic.<\/p>\n\n\n\n

The Fed is stuck in a bind, since the central bank must balance a dual mandate to keep inflation under control and maximize employment. To address pressure on both of its goals, the Fed primarily holds a single tool: interest rates.<\/a><\/p>\n\n\n\n

The pressure on both sides of the Fed’s dual mandate present a “challenging situation” for the central bank, Fed Chair Jerome Powell said at a press conference in Washington, D.C., last week.<\/p>\n\n\n\n

“There’s no risk-free path for policy as we navigate this tension between our employment and inflation goals,” Powell added.<\/p>\n\n\n\n

The Fed will meet again to adjust interest rates next month. The odds of interest rates being left unchanged stand at about 75%, while the chances of a quarter-point rate cut register at 25%, according to CME FedWatch Tool<\/a>, a measure of market sentiment.<\/p>\n\n\n\n

abcnews<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An inflation report to be released on Thursday will offer a look at price increases for the first time in nearly two months, after the 43-day government shutdown impaired data collection. The fresh data is set to arrive amid an uptick of inflation over recent months that has coincided with a flurry of tariffs issued by President Donald Trump. Economists expect […]<\/p>\n","protected":false},"author":7,"featured_media":51383,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[1252,4811,1182],"class_list":["post-51382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-inflation","tag-released","tag-report"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/51382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51382"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/51382\/revisions"}],"predecessor-version":[{"id":51384,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/51382\/revisions\/51384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/51383"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}