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 ...
The Edge Singapore9h
Investors should not take their eyes off inflation
Additionally, dollar strength and US tariff uncertainties could cause Asian equities to underperform in the short term. Given ...
Dow surges 700 points, S&P 500 posts best day since November after tame inflation report: Live updates
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Seeking Alpha7d
December CPI Report: A Cool End To 2024 Caps The Upside Risks To Inflation
Despite the cool inflation report, the Fed is likely ... of price pressures in October and November look to have cooled. The short-term core CPI 3Mo3M annualized rate had risen to 3.7% in November ...
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...