What Is Inflation in Economics - Search News

Fed, inflation

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 unlikely to cut rates in January.

CBS News on MSN · 6h

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 January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.

USA TODAY on MSN · 11h

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 underlying price measure eased.

Inflation, consumer price index

Newsweek · 10h

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.

The Washington Post on MSN · 6h

Inflation heated up in December, as prices continue to weigh on Americans

Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.

USA Today · 6h

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,

6hon MSN

Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

9hon MSN

Fed’s Goolsbee Says Inflation Improving, Hopeful of Soft Landing

Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...

11h

Economists say Los Angeles fire to have limited national economic impact

Devastating fires are likely to put modest pressure on the US national economy in the near term but are unlikely to derail ...

14h

Inflation speeds up, ends 2024 at 2.9 percent

Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...

Inflation remains stubbornly high for many Americans. Could it get worse under Trump?

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

Legit on MSN20h

Trump's policies won't push up inflation, economic advisor says

Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's ...

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