CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
MarketWatch13d
After CPI inflation data, fed-funds futures point to potential rate cut in June
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark ... after an inflation reading from the consumer-price index was released at 8:30 a.m. Fed-funds ...
U.S. News & World Report13d
Dec CPI Rises a Touch Above Expectations, Keeps Fed on Track
pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year. The consumer price index rose 0.4% last month after climbing 0.3% in November ...
Gold advances as softer core CPI data revives Fed easing hopes
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
December CPI Report: Core Inflation Is Lower Than Feared
The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas ...
Yahoo Finance13d
Core CPI rises less than forecast as inflation pressures ease slightly in December
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI ... latest economic data that the Federal Reserve will consider before its ...
NBC Washington13d
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge ... However, it remains above the Federal Reserve's target. The central bank aims for a 2% annual rate over the long term. The Fed also uses another ...