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Inflation, consumer price index
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.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, in line with economists’ expectations and hotter than a 2.7 percent rise in November. It was also above a 2.6 percent annual increase in October.
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
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 consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
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.
Asian stocks mixed ahead of US inflation data
Stock market today: Asian shares advance after inflation data drives a rally on Wall Street
Asian shares have advanced following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices rose and U.S. futures were little changed.
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Asian Stocks Gain After US Core Inflation Cools: Markets Wrap
Shares in Asia followed Wall Street higher Thursday as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year.
Stock market today: Asian stocks mixed ahead of US inflation data
Asian stocks are mixed after Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts
US, inflation
Stocks climb on US inflation reading, upbeat earnings
A global equities gauge rallied on Wednesday while U.S. Treasury yields fell after data showed core U.S. inflation rose less than expected in December, raising hopes that the Federal Reserve could ease rates further.
US stocks surge after latest inflation report shows progress on price hikes
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for months.
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.
9h
on MSN
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 ...
14h
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 ...
9h
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.
15h
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 ...
7h
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 ...
3h
Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance
Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, ...
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