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 stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Trump, IMF and inflation
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect ...
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