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inflation, consumer price index
Inflation Rises Again, Hitting 2.9% in December
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President-elect Donald Trump’s plans for the economy.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Trump, Inflation
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock market plummeting and bond yields soaring on fears that the Federal Reserve may delay long-forecasted interest rate cuts.
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
inflation, Wall Street and New York Stock Exchange
Stock market today: Wall Street jumps after encouraging inflation report and strong bank profits
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks are also helping to launch indexes toward their best day in two months.
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.
Inflation shows signs of easing again, per Dec. CPI
Inflation shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
December’s CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury curve lower by the most in seven weeks.
US Consumer Inflation Rises To 2.9% In December: Govt
US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
2h
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
1h
on MSN
Bitcoin reaches $100,000 again as a cool inflation reading fuels risk appetite
Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on ...
1h
Opportunities For Business Owners In The Inflation Reduction Act
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
7h
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.
Opinion
1h
Opinion
The Fed Can’t Pin Inflation on Trump
The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...
7h
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 ...
5h
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 ...
42m
on MSN
Inflation is setting up for some good comps, says Fundstrat's Tom Lee
Tom Lee, Fundstrat managing partner, joins 'Closing Bell' to discuss his January playbook and his read on December's CPI ...
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