US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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US consumer inflation rises to 2.9% in DecemberUS consumer inflation rose for a third straight month in December as energy prices increased, according to government data ...
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...
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Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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