CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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 ...
CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
December CPI Report: A Cool End To 2024 Caps The Upside Risks To Inflation
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
Forbes29d
What To Expect From January’s CPI Inflation Report
The Consumer Price Index for December 2024 ... Current nowcasts suggest that inflation may come in at a 2.9% headline annual rate, marking an acceleration from November’s figures of 2.7% ...
NerdWallet1y
What is CPI (the Consumer Prices Index)?
Overall, transport prices fell by 1.1% in the year to November, but at a slower annual rate than October, which saw a 2% drop. Falling air fares helped to bring transport inflation down. Core CPI ...