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.
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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