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Fed, Inflation
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.
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation Rose in December, Putting Rate Cuts Into Question
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ago, the highest since July, up from 2.7 percent in November. It was the third straight increase after inflation fell to a 3 1/2 year low of 2.4 percent in September.
21h
on MSN
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 ...
2h
Morning Bid: Inflation relief and bumper bank earnings
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
15h
on MSN
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
5d
December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
2h
Irish annual inflation rises to 1.4% in December
Irish inflation rose to an annual rate of 1.4% in December after a reading of 1% in November, Central Statistics Office data ...
decrypt
22h
Bitcoin Smashes $99,000 as Inflation Rises to 2.9% in December
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
16h
on MSN
Javier Milei Slashes Argentina's Inflation in Just 1 Year
Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the ...
14h
on MSN
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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