Energy costs push US consumer inflation above Fed target to 2.2%
US central bank
Washington - Arab Today
Mounting gasoline prices helped drive US consumer inflation higher in November, pushing the annual measure above the US central bank's target, according to a government report Wednesday.
The news comes as the Federal Reserve is poised to raise interest rates later on Wednesday, the third rate hike of the year, and gives ammunition to those worried about the dangers of inflation.
The Consumer Price Index, which tracks costs for household goods and services, gained 0.4 percent from October, matching analyst expectations.
But the 12-month measure rose 2.2 percent, moving above the Fed's two percent target to the same level recorded in September.
Source:AFP
GMT 12:24 2017 Thursday ,29 June
Cabinet raises fuel prices
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard printGMT 08:47 2011 Tuesday ,14 June
Republicans pound Obama in first big debate
GMT 18:39 2017 Tuesday ,18 April
Chinese FM: China Welcomes US Role on Korean Peninsula Issue
GMT 03:38 2017 Tuesday ,01 August
Arab Summit to consider vital issues
GMT 06:06 2016 Sunday ,14 August
Final placing of women's singles tennis at Rio Olympics
GMT 08:59 2017 Wednesday ,22 February
Yemeni governmental troops attack Houthi sites in Nar Mountain
GMT 08:10 2017 Thursday ,11 May
Outcry over Netflix films prompts Cannes to change rules
GMT 13:37 2017 Monday ,27 November
Racing stun Top14 leaders Montpellier 26-0
GMT 07:11 2017 Tuesday ,28 February
SpaceX to send two tourists around Moon in 2018
GMT 09:10 2018 Sunday ,09 December
Canada’s detention of Huawei exec ‘vile in nature’GMT 07:35 2011 Wednesday ,01 June
Abu Dhabi children to enhance life skills with summer study programme
GMT 03:00 2018 Tuesday ,23 January
Zubair, Shehbaz discuss country’s situation
GMT 13:19 2017 Friday ,24 March
Sudan commends outstanding relations with South Korea, invites Korean companies and investors to Khartoum
GMT 12:49 2017 Friday ,03 March
Chief executive of Arabtec’s construction unit to step down
GMT 03:14 2017 Wednesday ,15 November
TV business to China's Hisense
GMT 10:06 2015 Friday ,25 September
Lupita Nyong’o in Alessandra Rich
GMT 15:25 2017 Wednesday ,08 February
Fillon makes appeal to voters, retains party backingGMT 23:53 2011 Saturday ,07 May
Jillian Michaels joins \'Doctors\' roster
GMT 08:51 2017 Wednesday ,08 February
Trump administration defends travel ban in court
GMT 22:20 2017 Thursday ,12 October
114 prisoners pardoned, 91 released on parole nationwide
GMT 10:32 2017 Monday ,22 May
Britain's EU 'no deal' threat is genuine: Davis
GMT 22:01 2017 Wednesday ,03 May
Israel arrests 12 Palestinians in occupied Jerusalem
GMT 05:21 2017 Sunday ,30 April
Abe cautions against Brexit regulation cliff edge
GMT 08:25 2017 Thursday ,12 January
Washington on adapting ‘Fences’ for film
GMT 03:18 2017 Sunday ,08 January
Nine things Obama will be remembered for
GMT 12:20 2016 Tuesday ,04 October
Nishikori survives scare in Tokyo opener
GMT 18:27 2017 Monday ,19 June
US Navy identifies all 7 sailors killed in Japan collision
GMT 19:04 2016 Tuesday ,16 August
Gold Rises in Asian Trade Tuesday
GMT 15:54 2017 Monday ,24 April
Prince Khalid on governorates tour
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor