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.
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 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.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
What the new inflation report means for mortgage rates
A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Bonds Have Banner Day as Inflation Report Revives Fed-Cut Bets
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts.
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 ...
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 ...
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.
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
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 ...
December CPI Report: Core Inflation Is Lower Than Feared
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
Inflation: December core CPI comes in softer than expected
New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some ...
December CPI: Inflation Ends 2024 In 'Red Zone' Yardage
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...
Irish annual inflation rises to 1.4% in December
Irish inflation rose to an annual rate of 1.4% in December after a reading of 1% in November, Central Statistics Office data ...
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 ...