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Inflation accelerated
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 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.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.
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 rips higher on inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
17h
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 ...
19h
on MSN
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.
10h
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
1d
on MSN
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
1d
on MSN
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 ...
8h
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 ...
18h
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 ...
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