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Inflation, consumer price index
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
December inflation report shows a rise of 0.4% month over month
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian Cheung and Editor-in-Chief at Investopedia Caleb Silver break down the latest economic data.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.
Fed, Inflation
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.
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.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
inflation, Wall Street
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season
Wall Street ticks higher after encouraging inflation data
U.S. stocks are ticking higher Tuesday following an encouraging update on inflation. The S&P 500 was 0.5% higher in early trading. The Dow Jones Industrial Average was up 164 points, or 0.4%, as of 9:35 a.
US, inflation
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee will open at 86.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar falls to a one-week low as investors turn cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year-on-year in December but core inflation is seen unchanged at 3.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
1h
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 ...
3h
on MSN
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
4h
on MSN
Inflation report shows upsurge days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
6h
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 ...
43m
on MSN
Borrowing costs fall after inflation surprise
Bets on lower borrowing costs were also bolstered by inflation news coming out of the US, where data suggested the underlying ...
4h
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.
56m
on MSN
Fed’s Williams Expresses Confidence Inflation Will Slow More
Federal Reserve Bank of New York President John Williams voiced confidence that inflation would continue to recede after a ...
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