Inflation rises for third month to 2.9% in December. What it 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.
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.
Nigeria inflation rises for fourth month in a row in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.
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 November's 2.7% rate.
Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
US inflation picked up in December, though underlying price pressures ease slightly
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of<a class="excerpt-read-more" href=" More
'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 ...
Stronger-Than-Expected 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 ...
Stock market today: Dow, S&P 500, Nasdaq futures rise as bank earnings shine, inflation cools
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
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 ...
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
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 ...
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...