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.
December CPI Report: What to Expect From Inflation Data
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 report: Economists expect annual inflation to come in at 2.9% as of December,
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on Wednesday. What the inflation data will mean for the Fed and interest rates.
Analysis of US CPI Report for December
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer expectations for price rises over the coming 5 to 10 years jumped to 3.3% in the preliminary January reading -- the highest since 2008.
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,
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
Stronger-Than-Expected Inflation Puts Further Rate Cut Plans on Ice
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
Wholesale prices and CPI don’t go hand in hand
Investors shouldn’t expect a tame reading in wholesale inflation in December to translate into a small increase in consumer prices. It might, and it might not. The producer price index moves in the ...
US Dollar trades a crucial level in the US Dollar Index ahead of pivotal CPI release
Given the tight expectation range for the core CPI reading, a number outside the range could be the most market-moving ...
Gold firms as dollar, yields slip; US inflation data looms
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could ...
Stock Market Today: Dow, S&P 500 and Nasdaq set for slightly higher open as CPI report looms; JPMorgan and Goldman Sachs launch earnings season
Follow all the action as the December CPI inflation report impacts bonds, stocks and forex, and Goldman Sachs and JPMorgan ...
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Nigeria’s Inflation Rate Hits 34.80%, as NBS Site Comes Back Online One Month After Hack
NBS CPI report shows that Nigeria's headline inflation has hit 34.8%, about 0.20% higher than the 36.6% from the previous ...
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm - The cost of Government borrowing eased on ...