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US Consumer Inflation Rises To 2.9 Percent
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
December inflation report shows a rise of 0.4% month over month
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian Cheung and Editor-in-Chief at Investopedia Caleb Silver break down the latest economic data.
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 published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Trump, Inflation
Inflation report expected to show increase days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top economic concern, just days before the inauguration of President-elect Donald Trump.
Trump poised to take office with inflation threatening to persist
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.
Trump's policies won't push up inflation, economic advisor says
Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's longtime economic advisors told AFP Tuesday, less than a week before
peso, inflation and crawling peg
Argentina slows peso crawling peg as inflation eases
Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the central bank sees continued progress on inflation.
Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes
Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for the policy change.
Argentine Annual Inflation Nosedives, In Boost For Milei
Javier Milei's government boasted Tuesday that it had "pulverized inflation" after statistics showing Argentine price increases falling to 117.8 percent in 2024, down nearly 94 points in the first full year since the budget-slashing president took office.
inflation, Wall Street
Stock market today: Wall Street opens higher after encouraging update on inflation
U.S. stocks are ticking higher following an encouraging update on inflation. The S&P 500 rose 0.4% in early trading Tuesday. The Dow Jones Industrial Average was up 163 points, and the Nasdaq composite was 0.
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly's drag
Stocks got a boost from a report showing inflation at the U.S. wholesale level wasn’t as high last month as economists expected. It’s an encouraging signal ahead of a report coming Wednesday, which will show how much inflation U.
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season
1h
on MSN
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 ...
1h
US inflation picked up in December, though underlying price pressures ease slightly
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ...
1h
on MSN
Inflation heated up in December, as prices continue to weigh on Americans
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
3h
on MSN
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
2h
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
26m
on MSN
US stocks rally on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
1h
on MSN
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 ...
7h
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 ...
2h
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
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