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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.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Mixed December CPI strengthens case for Fed caution
Core CPI rose at a monthly 0.2 per cent rate, in line with expectations. However, on an annual basis it rose 3.2 per cent, slightly below market forecasts of a 3.3 per cent increase Wednesday’s release of December’s consumer price index was highly anticipated,
CPI big picture: More Fed rate cuts still on thin ice
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the new year.
December CPI 'not a green light' for Fed to cut rates soon, says Liesman
CPI 'not a green light' for Fed to cut rates soon, says Liesman. Posted: January 15, 2025 \| Last updated: January 15, 2025. CNBC's Steve Liesman reports on what inflation
7h
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 ...
1h
on MSN
Chinese imports spiked in December, as US buyers tried to avoid Trump's proposed tariffs
Experts said a December surge in Chinese imports as anticipated tariff hikes pushed traders to accelerate shipments out of ...
2h
on MSN
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
8h
on MSN
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
56m
on MSN
Gold jumps most since mid-December as mild inflation data revives rate cut hopes
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than ...
8h
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.
10h
on MSN
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 ...
8h
on MSN
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
8h
Israel inflation eases in December for 3.2% rate in 2024
Israel's inflation eased more than expected in December to end 2024 at a rate of 3.2% versus 3.0% in 2023, according to data ...
10h
on MSN
Inflation heated up in December, as prices continue to weigh on Americans
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
4h
on MSN
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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