Consumer Cos Climb After Inflation Data - Consumer Roundup
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
U.S. stocks finish sharply higher, helped by CPI data and plunging yields
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
Mortgage News Daily2h
Mortgage Rates Drop Back to Last Week's Levels After Softer Inflation Data
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
WCPO Cincinnati5h
Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
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 ...
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
December US CPI Report Shows Inflation at a 2.9% Annual Rate
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...
CPI Slows; Bank Earnings Show Growth And Rising Expectations For 2025
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...