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US Consumer Inflation Rises To 2.9 Percent
Inflation Rises Again, Hitting 2.9% in December
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.
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.
Inflation eased in December, Consumer Price Index shows
Inflation resumed a cooling trend after a months-long interruption, offering some relief for economic policymakers who are worried President-elect Trump's agenda might ignite price pressures. Officials at the Federal Reserve have projected fewer interest rate cuts in 2025 than previously estimated on the back of stickier inflation.
3h
on MSN
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
57m
Core Inflation Reading Softer Than Expected
With energy and food inflation markedly stronger in December, the overall reading for the consumer price index surged last ...
1h
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
1h
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 ...
42m
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.
29m
Services Inflation Remained Fairly Stable
Healthy employment conditions and wage growth continue to outpace inflation, but that’s not creating any additional ...
59m
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
45m
on MSN
Egg prices surge as US inflation picks up
A jump in energy and food prices hit the US last month, as progress stabilising prices remained elusive. On average, prices ...
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