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.

Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% between the end of 2024 and the start of 2026. Unfortunately, actually predicting inflation can be difficult, as rates can be affected by a variety of factors, including political climates and supply-chain interruptions.

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in December, hinting that the economy may not yet have vanquished price pressures.

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept up with higher prices.

Consumer demand remains soft and there are growing signs of “cracks” in the labour market, leaving the ECB “increasingly behind the curve with its slow loosening cycle”, according to Tomas Dvorak, an economist at Oxford Economics. Mari Novik

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

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 where QUALCOMM Incorporated (NASDAQ:QCOM) stands against other best cheap