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 still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of yearConsumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
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 ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
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