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.
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest 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 ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Bitcoin has changed direction after weeks of retreat during which crypto investors dumped risky assets. The cryptocurrency ...
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