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Fed, Inflation

Inflation rises for third month to 2.9% in December. What it means for Fed rate cuts.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

Forbes · 2h

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.

The New York Times · 3h

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.

Trump, Inflation

ABC News on MSN · 2h

Inflation report shows upsurge days before Trump takes office

An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top economic concern, just days before the inauguration of President-elect Donald Trump.

NBC News on MSN · 2h

Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office

Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.

Daily Journal · 10h

Trump's policies won't push up inflation, economic advisor says

Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's longtime economic advisors told AFP Tuesday, less than a week before

inflation, US

Reuters on MSN · 14h

Rupee to inch up on dollar pullback before US inflation data

The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee will open at 86.

The Wall Street Journal on MSN · 8h

Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data

The dollar falls to a one-week low as investors turn cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year-on-year in December but core inflation is seen unchanged at 3.

Barron's · 2h

US Stocks Rally On Inflation Data, Solid Earnings

Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.

1hon MSN

Here's the inflation breakdown for December 2024 — in one chart

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

59m

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 ...

3hon MSN

CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress

Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...

3hon MSN

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 ...

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.

3hon MSN

Inflation heated up in December, as prices continue to weigh on Americans

Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...

CPI Report: Inflation Ticked Up; Core Price Growth Slowed

The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...

2hon MSN

Stock market today: Wall Street jumps after encouraging inflation report and strong bank profits

U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an ...

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Fed, Inflation

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