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 stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
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 ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
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Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
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