US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
CPI Inflation Ticked Up To 2.9% In Dec.—Highest Since Jul.
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
“The Consumer Price Index in the United States averaged 124.59 points from 1950 until 2024, reaching an all-time high of 314.80 points in August of 2024 and a record low of 23.50 points in ...
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The news of today is the United States Consumer Price Index December release which came in at just over 7%. By many estimates, this could be the month that the rate of change in inflation peaks. If ...
Egg prices have increased nationwide by around 38 percent in the last year in the United States, bringing the average cost of one dozen up to 3.65 U.S. dollars in November versus 3.37 dollars in ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
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