US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
Stocks edge higher with key inflation report on deck
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
With all of the holiday dining last month, inflation around groceries and dining out didn’t exactly tumble back to the low ...
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.
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