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 stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Daily encounters in December along the southwest border were the lowest average since July 2020, according to the Department ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback