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Inflation accelerated
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.
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 with economists expectations and up from 2.7% in November.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.
2d
on MSN
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
1d
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% ...
20h
on MSN
‘We Still Have an Inflation Problem.’ A Fed Newcomer Wants to Go Slow on Rate Cuts.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...
2d
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 ...
2d
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
2d
on MSN
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
2d
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.
1d
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
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 ...
9h
on MSN
Brazil's Haddad says high interest rates will curb inflation
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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