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United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
US inflation rises to 2.9% in December
Core inflation, which strips out food and energy prices, was 3.2 per cent in December compared with 3.3 per cent in November. US stock futures and government bonds rallied immediately after the release of the latest inflation data.
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.
11h
Dollar strength reminds Wall Street 'US exceptionalism' isn't isolationism
While "U.S. exceptionalism" has undoubtedly helped drive Wall Street's record-busting returns in recent years, it should not ...
3d
This is what the pyramid and the eye on the one-dollar bill mean: Symbolism explained
The mysterious symbol has been linked to illuminati conspiracy theories, but the history of the Great Seal is actually based ...
1d
on MSN
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
1d
on MSN
As the U.S. dollar soars, here are Europe's biggest winners and losers
As the greenback moved upward, European currencies found themselves at multi-year lows. The euro fell 0.4% to $1.0199 by ...
7d
Ad showing Islamic preacher burning dollars banned in blow for Khan’s TfL
Adverts showing an Islamic preacher burning US dollar and euro banknotes have been banned from tubes and buses, overruling a ...
2d
Indian rupee plunges to record low of 86 per dollar
The downward spiral has been exacerbated by rising oil prices, weak capital inflows and dwindling supplies of the US dollar ...
9d
Dollar Pares Losses After Trump Denies Curbed-Tariffs Report
The US dollar pared a sharp decline against most major currencies on Monday after US President-elect Donald Trump denied a ...
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