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.
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
2hon MSN
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
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