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Inflation, consumer price index and December
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.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
inflation, Wall Street and stocks
Wall St soars after inflation data, strong bank earnings
Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by lower-than-expected core inflation data for December and robust quarterly earnings from the biggest U.
Stock market today: Wall Street rallies after encouraging inflation data and strong bank profits
U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also helping send indexes higher.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
3h
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 ...
4h
US inflation picked up in December, though underlying price pressures ease slightly
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ...
4h
on MSN
Consumer prices rose 2.9% in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
5h
on MSN
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 ...
Daily Mail on MSN
11h
UK inflation unexpectedly falls to 2.5% in December
UK inflation unexpectedly fell last month as a dip in hotel prices helped offset a jump in the cost of fuel, new official ...
GB News on MSN
5h
Unexpected fall in inflation boosts hope for Bank of England interest rate cut - but experts warn 'any drop is temporary'
UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the ...
1d
on MSN
Gold Rises Ahead of U.S. Inflation Data
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on ...
9h
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected ...
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