U.S. consumer prices likely rose at their fastest annual pace in about a year and a half in November, underscoring mounting affordability pressures for American households that economists partly attribute to higher import tariffs. A Reuters survey of economists predicts the Consumer Price Index increased 3.1% year-on-year in November, which would mark the largest rise since May 2024. That compares with a 3.0% increase recorded in the 12 months through September. Economists say the data would confirm that progress in cooling inflation has stalled. Data Disruptions After Government Shutdown The Labor Department’s ... (full story)