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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
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 ...
6h
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 ...
15h
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 ...
13h
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 ...
7h
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
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.
13h
on MSN
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
14h
December inflation report shows a rise of 0.4% month over month
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
15h
on MSN
CPI Inflation Hurt More In December But With A Silver Lining
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
1d
on MSN
December monthly border encounters decrease to lowest daily average since July 2020: DHS
Daily encounters in December along the southwest border were the lowest average since July 2020, according to the Department ...
5h
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 ...
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