inflation december - Search News

Inflation heated up

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.

Hosted on MSN · 2h

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.

The Washington Post on MSN · 4h

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 inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.

peso, inflation and crawling peg

Reuters · 19h

Argentina slows peso crawling peg as inflation eases

Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the central bank sees continued progress on inflation.

Bloomberg on MSN · 21h

Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes

Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for the policy change.

Barron's · 21h

Argentine Annual Inflation Nosedives, In Boost For Milei

Javier Milei's government boasted Tuesday that it had "pulverized inflation" after statistics showing Argentine price increases falling to 117.8 percent in 2024, down nearly 94 points in the first full year since the budget-slashing president took office.

inflation, Wall Street

Reuters on MSN · 2h

Wall St soars after inflation data, strong bank earnings

Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by lower-than-expected core inflation data for December and robust quarterly earnings from the biggest U.

The Associated Press on MSN · 13h

Stock market today: Wall Street rallies after encouraging inflation data and strong bank profits

U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also helping send indexes higher.

Barron's · 3h

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.

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.

4hon MSN

CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

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 ...

freightwaves.com32m

December inflation data puts future Fed cuts to bed

Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...

31m

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

Consumer prices rose 2.9% 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 ...

4hon 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 ...

10h

UK inflation unexpectedly falls to 2.5% in December

British inflation unexpectedly slowed to an annual rate of 2.5% in December from 2.6% in November, official figures showed on ...

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