Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
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.
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 of stubborn inflation experienced by consumers.
U.S. inflation picked up in December, though underlying price pressures ease slightly
Excluding the volatile food and energy categories, so-called core inflation declined to 3.2%, after remaining stuck at 3.3% for three months in a row.
US inflation picked up in December but underlying price pressures eased
U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could ...
US inflation picks up pace for 3rd month in December
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price ...
Foreign Affairs1d
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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 ...