Inflation shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
US inflation picks up pace for 3rd month in December
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price index increased slightly less than expected, raising the prospect of another interest-rate cut.
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,
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
Prices Continued To Rise In December As Inflation Remains Stubborn
Inflation figures came in near as expected for December. Prices rose 0.4% percent and the year-over-year price index increased 2.9 percent. The U.S. Bureau of Labor Statistics issued the December Consumer Price Index on Wednesday morning.
US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Biden defends inflation policies, says 'red states really screwed up' their economies in final interview
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
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.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
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 ...
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
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United States key inflation rises 2.9% in December, core CPI at 3.2%
The key inflation in the United States rose in December 2024 as prices grew for gas, eggs, and used cars. A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on ...
Analyst reboots Fed interest rates forecast after surprising inflation data
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
Signs of relief? Inflation is lower in Phoenix compared to national average
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...