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.
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
All eyes are on US inflation data to be released today. The US Bureau of Labor Statistics is set to release its December CPI ...
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