Economy Week Ahead: U.S. Inflation, Fed Rate in Focus

Economy Week Ahead: U.S. Inflation, Fed Rate in Focus

Inflation has eased some in recent months for shoppers but remains high.

The Labor Department releases its November consumer-price index, a measure of what consumers pay for goods and services. Inflation has eased some in recent months but remains high. The CPI increased 7.7% in October from a year earlier, down from 8.2% in the prior month.

The Federal Open Market Committee will begin a two-day meeting to discuss whether and how much to raise interest rates.

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