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US Consumer Inflation Rises To 2.9 Percent
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
US consumer prices rise in December, but underlying inflation slowing
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year. Lisa Bernhard has more. Could AI-assisted program help badminton players with training?
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.
Fed, Inflation
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
CPI, December and inflation
CPI Inflation Hurt More In December But With A Silver Lining
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living.
December’s CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury curve lower by the most in seven weeks.
Inflation shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
Asian Stocks Mixed Ahead of US Inflation Data
Stock Market Today: Asian Stocks Mixed Ahead of US Inflation Data
Asian stocks are mixed after Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts
Stocks rise, dollar steady before key inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the country's monetary policy outlook, while investors waited to see if the earnings of big U.
US stocks give up early gains to end mixed as investors await key consumer inflation data
US stocks gave up earl\y gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.
1h
on MSN
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
5h
on MSN
Consumer prices rose 2.9% in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
Scripps News on MSN
1h
Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
6h
on MSN
Inflation edged up again last month
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
4h
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 ...
4h
on MSN
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
6h
on MSN
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
6h
JPMorgan’s Dimon: Consumer Spending Healthy but Inflation Could Persist
Jamie Dimon, the chief executive of JPMorgan Chase, said in a statement alongside the bank's fourth-quarter earnings that the ...
6h
on MSN
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
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