US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

But it is particularly pervasive in the military,” Lupo noted. The survey also reported that 56% of Americans believe inflation is affecting military families more severely than civilians.

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SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...

The Producer Price Inflation declined marginally by 0.9 percentage points to 26.1% in December 2024. The month-on-month change in the PPI between November 2024 and December 2024 was however -1.4%.

PETALING JAYA: Risks of higher inflation have heightened in 2025, especially for food, healthcare, transport and electricity. An economist, however, argued that there was no “compelling reason ...

JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a ...

Dimon acknowledged the debate over the policy's contribution to inflation but said there were important considerations aside from keeping costs as low as possible. "If it's a little inflationary ...

“National security trumps a little bit more inflation.” Dimon also said he looks at tariffs as an “economic tool.” “That’s it,” he said. “They’re an economic weapon, depending on ...

South Africa’s annual consumer price inflation (CPI) rose to 3.0% in December 2024, up from 2.9% in November, according to the lastest report from Statistics South Africa (Stats SA). This means ...