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CPI Inflation Hurt More In Dec. But With A Silver Lining
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.
December CPI Report: Core Inflation Is Lower Than Feared
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December,
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.
US consumer prices rise
Price Inflation Rose Again in December, Rising to a Ten-Month High
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's two-percent price inflation goal.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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 still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
1d
on MSN
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
22h
on MSN
U.S. Inflation Rates Over Time and the Forecast for 2025
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
1d
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 ...
1d
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.
1d
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
15h
on MSN
Four Reasons High Inflation Hasn't Gone Away
After hovering around 2% for years before the pandemic, the cost of living surged in 2021 and hasn't returned to that level ...
1d
on MSN
Nasdaq ends with 2% rally, yields slump as core CPI inflation cools
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core ...
1d
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 ...
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