US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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