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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.
21h
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.
21h
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 rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
21h
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.
6h
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, ...
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
Rising Overall Inflation Puts Further Rate Cut Plans on Ice
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
21h
Housing inflation pressures ease in encouraging sign for Fed
The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging ...
19h
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
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