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CPI, inflation and Federal Reserve System
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 Inflation: Don't Expect The Fed To Budge
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market performance in 2025. Read our full outlook on Seeking Alpha.
Jefferson Public Radio
1h
Inflation remains stubbornly high for many Americans. Could it get worse under Trump?
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
14h
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 ...
12h
Fed officials say latest inflation data helpful as they await Trump policies
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
10h
on MSN
Fed’s Goolsbee Says Inflation Improving, Hopeful of Soft Landing
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...
Hosted on MSN
9d
The Impact of Inflation on Your Savings: Strategies to Stay Ahead
Inflation is one of the most significant challenges facing savers today, eroding the purchasing power of money over time. As ...
20h
on MSN
Want to beat inflation? Understand how APY works to grow your wealth
In order to grow your wealth, you need to understand the impact of inflation on your money. When it comes to bank deposits, ...
8h
on MSN
Cost of living crisis set to intensify again as bills mount despite surprise fall in inflation
Households and businesses have had it tough since the start of the COVID pandemic and there are solid reasons to believe that ...
1d
Economists say Los Angeles fire to have limited national economic impact
Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but ...
20h
How fall in inflation will impact universal credit payments
The latest figures from the ONS show UK inflation fell to 2.5% for December 2024 from 2.6% in November. This follows a period ...
5h
Seattle area ended 2024 with lower inflation, good news for shoppers
In the two-month period ending in December, grocery prices in the Seattle area fell 0.2%, driven by lower costs in the bakery ...
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