CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
According to the US Bureau of Labor Statistics, the US Consumer Price Index (CPI) for all urban consumers increased by 0.4% ...
Sticky Price Inflation Slows To 3.7% In December - Atlanta Fed
The Atlanta Fed's measure of sticky inflation eased for the ninth month in a row in December. The sticky-price consumer price index ...
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Gap between restaurant and grocery prices continues to narrow
The price gap between groceries and restaurants continued to narrow in December, according to the latest Consumer Price Index released Wednesday. CPI data for December indicated that prices for ...
Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Stock Market Today: Dow Industrials Jump after Inflation Data; Banks Post Strong Earnings
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December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood
Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...
Nasdaq jumps 2%, S&P climbs as core CPI inflation cools; yields slide
U.S. stocks climbed Wednesday, after the key CPI inflation reading came in softer than expected. Bank stocks were rising, too ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...