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Rising Overall Inflation Puts Further Rate Cut Plans on Ice
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had forecast. The consumer price index climbed 2.9% year over year in December, according to data released Wednesday by the Bureau of Labor Statistics.
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 unlikely to cut rates in January.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
10h
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
16h
on MSN
Inflation pressures ease in December as core CPI rises less than forecast
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
13h
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 ...
GlobeSt.com
7d
Economists Revise Inflation Predictions for Trump's Second Term
Right before the election, the consensus among economists and analysts seemed to be that Trump’s preferences — high growth, ...
9h
on MSN
Cost of living crisis set to intensify again as bills mount despite surprise fall in inflation
Households and businesses have had it tough since the start of the COVID pandemic and there are solid reasons to believe that ...
1d
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
5d
2025 Predictions For Geopolitics, AI, Work, Inflation And People Risk
Great leaders have become adept at managing risks and adapting to new circumstances across Geopolitics, AI, Inflation And ...
CBS News on MSN
1d
What's the HELOC and home equity loan interest rate forecast for 2025?
Home equity is at an all-time high, but what will happen with these borrowing rates this year? Experts weigh in.
2d
on MSN
HSBC forecasts Vietnam 2025 GDP growth at 6.5%, inflation at 3.0%
Vietnam's gross domestic product is forecast to grow 6.5% this year, compared with 7.09% last year, with inflation expected ...
16h
on MSN
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
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