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CPI inflation report and what it means for US economy
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.
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.
CPI Report Wednesday: Here's How Inflation Has Tracked Since 2015
Economists expect the consumer-price index, due this morning, to show inflation running at a 2.9% annual clip in December, up from 2.7% a month earlier. With that in mind, here's how inflation has tra
Inflation accelerated
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
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 — the consumer price index — is expected to show Wednesday morning that prices rose by 2.
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.
9h
on MSN
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 ...
5h
on MSN
Inflation rose for third month in a row, up to 2.9% in December
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
8h
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 ...
5h
on MSN
Nasdaq jumps 2%, S&P climbs as core CPI inflation cools; yields slide
Major U.S. stock averages popped higher Wednesday afternoon, with bank stocks rising, and as a softer-than-expected core ...
4h
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, ...
1h
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 ...
9h
on MSN
Core CPI rises less than forecast as inflation pressures ease slightly in December
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
10h
on MSN
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
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