CPI accelerates in December, as expected; core CPI surprises lower
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior month's +0.3%. The core measure's Y/Y rise of 3.2% inched down from 3.3% in November and fell short of the +3.3% consensus.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
3don MSN
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
The agency said the CPI for elderly households in Taiwan rose 2.37% last year, outpacing the 2.18% increase for all households. Higher housing, food, and healthcare costs were key contributors.
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
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