Inflation rises for third month to 2.9% in December. What it means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food and energy costs rose, the CPI report showed. Here's how it could affect Fed rate cuts.
Inflation Rises Again, Hitting 2.9% in December
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods and services were more muted.
Nigeria inflation rises for fourth month in a row in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.
Breakeven inflation rates rise despite December's mild producer-price reading
Market-based expectations of future inflation were rising further above 2% on Tuesday as traders looked past December's mild producer-price index report and a
Producer prices rose slightly in December, a positive sign for inflation
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
Inflation rose to 3.3% in December in producer price index
Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in December, hinting that the economy may not yet have vanquished price pressures.
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 ...
Stock market today: Dow, S&P 500, Nasdaq futures rise as bank earnings shine, inflation cools
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
Stock Futures Up Amid Major Bank Earnings and Key Inflation Data
Data Tuesday showed wholesale inflation slowing, but bigger price gains in key categories that feed into the Fed’s preferred ...
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
What To Expect From Wednesday's Inflation Report
If forecasters are correct, everyone's least favorite economic phenomenon likely continued its comeback in December.
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...
Trump poised to take office with inflation threatening to persist
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when ...