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CPI inflation report and what it means for US economy
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.
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.
CPI Report Keeps the Fed on Track: What the Experts Are Saying About Inflation
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to interest rates.
5h
on MSN
Chicago Fed President Sees Promising Progress on Inflation. Here’s What He’s Concerned About.
Chicago Federal Reserve President Austan Goolsbee, however, pointed out several uncertainties and risks loom on the horizon.
2h
on MSN
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
4h
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.
3h
on MSN
Dow, S&P 500, Nasdaq post best day since Nov. 6 on cooling inflation and bank earnings
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
1d
on MSN
What To Expect From Wednesday's Inflation Report
If forecasters are correct, everyone's least favorite economic phenomenon likely continued its comeback in December.
8h
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
16h
Inflation in unexpected fall to 2.5% - what it means for your money
The Office for National Statistics releases new inflation data every month, based on a regularly updated 'basket of goods' ...
news10nbc
24m
Consumer Alert: How to make inflation work for you
ROCHESTER, N.Y. – Inflation can actually work in our favor when it comes to saving money, according to financial experts. The ...
2h
Japan's wholesale inflation steady at 3.8% in December
Japan's wholesale prices rose 3.8% in December from a year earlier, central bank data showed on Thursday, highlighting ...
10h
on MSN
U.S. inflation up again. What the latest figures mean for markets
The slowdown in core price increases was greeted with relief on Wall Street, with Dow Jones futures pricing surging nearly ...
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