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 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.
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
U.S. stock futures were rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the chances ...
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback