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 ...
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 ...
Fed officials say latest inflation data helpful as they await Trump policies
By Howard Schneider, Michael S. Derby ANNAPOLIS, Maryland (Reuters) -Federal Reserve officials said data released on ...
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 ...
Scripps News on MSN30m
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 ...
BlackRock's Rieder sees slow, uneven progress in U.S. inflation
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...