US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
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,
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of yearConsumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
We recently compiled a list of the 15 Best Cheap Stocks to Buy for 2025. In this article, we are going to take a look at ...
The USDA projected that New York’s average egg price would stay high at $4.80 in the early part of the year, but gradually ...
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Top Stories This Week: Gold Back Above US$2,700; Plus — Send Your Questions for Rick Rule and MoreThe gold price broke through US$2,700 per ounce this week for the first time in about a month, rising to the US$2,720 level ...
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