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.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
Breakeven inflation rates rise despite December's mild producer-price reading
Market-based expectations of future inflation were rising further above 2% on Tuesday as traders looked past December's mild producer-price index report and a
Producer prices rose slightly in December, a positive sign for inflation
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
Prices Continued To Rise In December As Inflation Remains Stubborn
Inflation figures came in near as expected for December. Prices rose 0.4% percent and the year-over-year price index increased 2.9 percent. The U.S. Bureau of Labor Statistics issued the December Consumer Price Index on Wednesday morning.
US inflation likely remained sticky-high last month, threatening interest rate cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Treasuries Surge as Easing Inflation Boosts Fed Rate-Cut Bets
Treasuries rallied as inflation last month eased in the US by slightly more than economist had predicted, reinvigorating some ...
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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 ...
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, ...
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.