US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Scripps News on MSN2d
Consumer inflation rose 2.9% in 2024 as US lost some progress near end of yearConsumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Irish Independent on MSN12h
Revealed: the areas where costs will keep rising this year as inflation picks upConsumers have been warned that living costs are to continue to rise this year. Food, energy, property prices and rents are set to keep rising, a leading economist said. Austin Hughes was commenting ...
The Invesco NASDAQ Next Gen 100 ETF aims to capture high-growth stocks before they enter the Nasdaq 100. See more on the QQQJ ...
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