US inflation picked up in December but underlying price pressures eased
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s report from the Labor Department showed that the consumer price index rose 2.
US inflation picks up pace for 3rd month in December
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price index increased slightly less than expected, raising the prospect of another interest-rate cut.
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.
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 with economists expectations and up from 2.7% in November.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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.
Foreign Affairs1d
The Governments That Survived Inflation
U.S. presidential election, the Democrats joined a slew of governments voted out in the past year in the wake of high ...
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 ...
Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
CryptoQuant contributor Burakkesmeci said the crypto market experienced a “strong rally” as US inflation data “painted a ...
Stock Market Today: Asian Shares Advance After Inflation Data Drives a Rally on Wall Street
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S.