CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
CPI Inflation Hurt More In December But With A Silver Lining
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living.
December’s CPI inflation data produces biggest plunge in yields since November
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 c
December CPI Report: What to Expect From Inflation Data
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December,
Inflation shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
CPI on deck: will Fed's inflation progress stall again in December?
U.S. Consumer Price Index report, due out on Wednesday, is expected to reveal a nudge upward in the headline inflation rate, while the core remained steadfast. With recent remarks from Federal Reserve officials signaling a more cautious and gradual approach to interest-rate cuts on the back of resilient economic data,
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 ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Fed's Barkin says latest CPI data shows price pressures continue to ease
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
CPI Report: How Markets Are Reacting to the Inflation Data, in Charts
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
CPI Slows; Bank Earnings Show Growth And Rising Expectations For 2025
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
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US consumer inflation rises December but underlying pressures ease
raising hopes that underlying inflation may be moderating. The consumer price index (CPI) accelerated to 2.9 percent ...
Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.