OAN’s&nbsp;<a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 4:04 PM – Wednesday, December 11, 2024 Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target. Monthly costs climbed 0.3%, marking the sharpest rise since April, driven by higher food and gas prices. Octavio Marenzi, CEO of Opimas, joins Alicia Summers to discusses whether this signals a reacceleration of inflation, what actions the Federal Reserve might take on interest rates, and the factors behind the recent surge in asset prices like stocks, housing, and crypto. <figure class="wp-block-video"><video autoplay="" controls="" loop="" poster="https://www.oann.com/wp-content/uploads/2022/04/vid-poster-image.jpg" src="https://d1cc0p6j4uj4n9.cloudfront.net/eab9ee62-5de9-4e70-b31e-dfd521a491d7/mp4/d751ca1c-d296-4ff8-8dd5-f3e8cf43c502_Mp4_Avc_Aac_16x9_1280x720p_30Hz_3.5Mbps_qvbr.mp4" width="100%" height="auto"></video></figure>

Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve's 2% target. {ai:summary}Inflation increased to 2.7% in November, marking the second consecutive monthly rise, with the Consumer Price Index reflecting a 0.3% monthly cost increase. This surge is largely attributed to rising food and gas prices, surpassing the Federal Reserve's 2% target.Experts are analyzing whether this trend indicates a reacceleration of inflation and potential Federal Reserve responses regarding interest rates and asset price fluctuations. #economy

Inflation Climbs To 2.7% Amid Rising Food And Gas Prices

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