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Inflation rose to 5-month high in December. What that 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 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.
Inflation rate dipped to 2.5% in December
The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next month
December Consumer Inflation Accelerates, Core Rates Miss Estimates
US consumer inflation accelerated last month on both sequential and annual bases, while core measures came in below Wall Street's estimates, government data showed Wednesday. The consumer price index increased 0.
1d
on MSN
Biden defends inflation policies, says 'red states really screwed up' their economies in final interview
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
2d
on MSN
4 Reasons High Inflation Hasn't Gone Away
The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts ...
2d
on MSN
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 ...
2d
on MSN
U.S. Inflation Rates Over Time and the Forecast for 2025
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
2d
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, ...
3d
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 ...
2d
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.
3d
on MSN
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...
3d
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 ...
2h
on MSN
Bank of England interest rate cuts and how you may be affected amid inflation change
Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate decision ...
3d
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 ...
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