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.
US, inflation
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
6hon MSN
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Daily Mail on MSN12h
UK inflation unexpectedly falls to 2.5% in DecemberUK inflation unexpectedly fell last month as a dip in hotel prices helped offset a jump in the cost of fuel, new official ...
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on ...
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