CPI report shows inflation rose to 5-month high in December
18 hours ago · Inflation rose to 5-month high in December. What that means for Fed rate cuts. Paul Davidson. ... “The still elevated annual rate of inflation, the strength in the labor market, and the prospect ...
December Inflation Data Closes Door on January Rate Cut, but …
14 hours ago · For much of the second half of 2024, falling gasoline prices helped lower the overall inflation rate. ... December US CPI Report Shows Inflation at a 2.9% Annual Rate.
Inflation edged up again last month | CNN Business
18 hours ago · Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
18 hours ago · 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. Listen to ...
CPI Inflation Ticked Up To 2.9% In December—Highest Since
18 hours ago · Headline inflation was 2.9% in December, according to year-over-year changes in the Bureau of Labor Statistics’ consumer price index, the most commonly cited measure of inflation, while the ...
Consumer price growth rose in December, a sign Trump will …
22 hours ago · The Bureau of Labor Statistics reported Wednesday that the annual inflation rate — which is calculated based on prices compared to a year ago — climbed to 2.9% from 2.7% in November.
Inflation rises 2.9% in December, in line with expectations
18 hours ago · 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 Rises Again, Hitting 2.9% in December - WSJ
18 hours ago · WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other items were more muted. The consumer price index rose 0.4% in December from November and ...
CPI edged higher in December, complicating the Fed's upcoming …
18 hours ago · Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut ...
America’s final inflation report for 2023 just came in - CNN
Jan 11, 2024 · In December, gas prices stayed mostly in neutral, rising 0.2%, while rising shelter costs accounted for more than half of the monthly all-items increase, according to the BLS report.