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inflation, consumer price index
Inflation Rises Again, Hitting 2.9% in December
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President-elect Donald Trump’s plans for the economy.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
7h
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
11m
on MSN
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
6h
on MSN
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
CNET on MSN
1h
Rising Energy Costs Push Inflation Up Again. Ways You Can Save This Winter
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
3h
on MSN
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
9h
on MSN
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
7h
on MSN
Traders now see two Fed rate cuts this year after benign December inflation data
Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower ...
15h
on MSN
UK's annual inflation drops to 2.5% in December
The inflation rate in the UK unexpectedly dropped to 2.50% in December from 2.60% in November, missing market estimates of ...
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Related topics
United States
Federal Reserve System
producer price index
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