US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
Trump, inflation and bureau of labor statistics
Inflation shows signs of easing again
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
ROCHESTER, N.Y. – Inflation can actually work in our favor when it comes to saving money, according to financial experts. The ...
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 ...
Major U.S. stock averages surged Wednesday, with bank stocks climbing, and as a softer-than-expected core inflation reading ...
US stock futures climbed early Tuesday as traders anticipated economic data and corporate earnings from major Wall Street ...
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