In fact, total CPI inflation rates have accelerated for the three consecutive months through December to the highest year-on-year rate since July 2024, moving further away from the Fed’s 2% ...

This week’s January inflation reports are likely to be more important for markets and Fed expectations than the growth reports. The January Consumer Price Index and Producer Price Index ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

The CPI inflation print for December 2024 was a mixed bag, with an acceleration in headline figures and some softening in core inflation. Seen in conjunction with a strong real economy, as evident ...

Inflation rose again in December as stubbornly ... according to the CME FedWatch tool. "Today's CPI may help the Fed feel a little more dovish," said Ellen Zentner, chief economic strategist ...

Consumer price index data for December showed that core price pressures eased more than expected. The S&P 500 powered higher as Wall Street weighed the CPI's implications for Federal Reserve ...

Thus, core CPI is settling at around 3.5% level - and this is well above the Fed's target of 2% core PCE inflation, which is approximately 2.5% for the core CPI inflation. The question is ...

But after the consumer-price index showed Wednesday morning that the rate of core U.S. inflation slowed slightly in December, traders priced in a greater chance of the Fed lowering its benchmark ...

Overall consumer prices increased 2.9% from a year earlier, up from 2.7% in November, according to the Labor Department’s consumer price index ... closely by the Federal Reserve because it ...

Fed officials expressed cautious optimism about the inflation outlook, citing continued signs of easing price pressures. “The December CPI report continues the story we have been on, which is ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.