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Inflation Sped Up in Dec., a Fresh Challenge for Fed
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
inflation, Wall Street
Wall St surges as inflation data, bank earnings fuel rally
U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and solid earnings from major U.
Wall Street rallies on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
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.
22h
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 ...
1d
on MSN
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 ...
1h
Investors cheered December's inflation data. Experts say US economy is not 'out of the woods' yet.
December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
2d
A Niche Inflation Measure Cooled in December
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
13h
on MSN
Bitcoin rebounds after core inflation unexpectedly slows in December: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
4h
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
23h
on MSN
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
1d
on MSN
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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