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.
Wall Street, inflation
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve ...
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...
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