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Fed, Inflation
Inflation rises for third month to 2.9% in December. What it 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.
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 unlikely to cut rates in January.
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Trump, Inflation and bureau of labor statistics
Inflation report shows upsurge 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.
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.
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
stocks, inflation and Robinhood Markets
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff to earnings season. Futures for the S&P 500 and the Dow Jones Industrial Average each ticked up 0.3% before the bell.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
1h
on MSN
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 ...
3h
on MSN
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
3h
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 ...
3h
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 ...
1h
on MSN
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
5h
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 ...
3h
Core Inflation Reading Softer Than Expected
With energy and food inflation markedly stronger in December, the overall reading for the consumer price index surged last ...
4h
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 ...
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