CPI Inflation Ticked Up To 2.9% In Dec.—Highest Since Jul.

CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
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 inflation. However, "core" prices were cooler, providing some hope for lower inflation in the coming months.
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 decision.
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 shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
CPI on deck: will Fed's inflation progress stall again in December?
U.S. Consumer Price Index report, due out on Wednesday, is expected to reveal a nudge upward in the headline inflation rate, while the core remained steadfast. With recent remarks from Federal Reserve officials signaling a more cautious and gradual approach to interest-rate cuts on the back of resilient economic data,
United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July

CPI, Fed

Analysis-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, ...
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
December CPI Report: A Cool End To 2024 Caps The Upside Risks To Inflation
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
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.
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 ...
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...