U.S. inflation accelerates, but underlying pressures ease, offering hope for Fed rate cut. Gas, eggs, and used cars see price increases, but core inflation declines.
Treasury yields tumbled on Wednesday as market participants breathed a sigh of relief that there were few surprises in December's consumer inflation data.
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
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