The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
US PRICES increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...
US consumer prices rise by 2.9% year-on-year in December, in line with estimates By Investing.com - Jan 15, 2025 24 Investing.com - US consumer prices rose in line with expectations in December ...
The key inflation in the United States rose in December 2024 as prices grew for gas, eggs, and used cars. A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an ...