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CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve

Name: CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
Uploaded: 2024-12-11T10:16:00-0500
Duration: 2 min 14 s
Description: New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.

New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.