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.
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.
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.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
What the new inflation report means for mortgage rates
A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su
Core CPI rises less than forecast as inflation pressures ease slightly in December
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
VIEW Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Energy Prices Surged in December
Energy costs jumped in December, with the acceleration accounting for 40% of the total increase in the consumer price index ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
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Consumer prices rose faster in December than November
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
CPI accelerates in December, as expected; core CPI surprises lower
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
PPI shows wholesale inflation increased less than expected in December
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation ...
CPI Report: Inflation Ticked Up; Core Price Growth Slowed
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...