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
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living.
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel oil and motor fuels). Click to read.
December’s CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury curve lower by the most in seven weeks.
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,
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,
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The shelter index saw prices increase 4.6% compared to the year prior, the lowest level since January 2022. While the index ...
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 ...
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 ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
CPI Report: Live Coverage
The Dow, S&P 500, and Nasdaq are rallying Wednesday as the stock market digests the latest CPI inflation report and earnings from several big U.S. banks.
Most Gulf markets end higher ahead of US CPI
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
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Bitcoin nears $100K as CPI data shows signs of cooling
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
VIEW Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...