Inflation Rose in December, Putting Rate Cuts Into Question
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ago, the highest since July, up from 2.7 percent in November. It was the third straight increase after inflation fell to a 3 1/2 year low of 2.4 percent in September.
US, inflation
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
The CPI report for December registered a 2.9% year-over-year rise and a 0.3% rise compared to November, but core inflation is ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
3hon MSN
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
British inflation unexpectedly slowed to an annual rate of 2.5% in December from 2.6% in November, official figures showed on ...
Stocks gained ground on Wall Street following an encouraging update on inflation. The S&P 500 rose 0.3% in afternoon trading ...
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