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 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.
Instant view: Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year.
CPI Inflation: Don't Expect The Fed To Budge
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market performance in 2025. Read our full outlook on Seeking Alpha.
The Inflation Data Don't Move the Needle for a Fed on Hold
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the largest month-over-month increase in the consumer-price index in nearly a year.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
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.
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 ...
Inflation Needs Work, but Fed’s Williams Is Focusing on Keeping Economy Balanced
The economy is in a very good place and has returned to balance, as have the risks to the two sides of our mandate,” Williams ...
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
A juiced-up economy is good news, right? Not if inflation reignites. That’s the worry now.
The economy is humming along and yet the stock market is tanking. What’s going on? Chalk it up to worries that strong U.S.
Shopping through inflation: A closer look at why prices continue to climb
New numbers show prices are still going up for many things we buy, but the pace of inflation has slowed. Prices are higher in ...
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Inflation remains stubbornly high for many Americans. Could it get worse under Trump?
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
US stocks and bonds cling on to inflation-driven gains
U.S. shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase in U.S. retail sales.