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US consumer inflation rises to 2.9 percent

The Wall Street Journal on MSN · 27m

Inflation Rises Again, Hitting 2.9% in December

U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.

USA TODAY on MSN · 19m

Inflation rises for third month to 2.9% in December. What it means for Fed rate cuts.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

Barron's · 42m

US Consumer Inflation Rises To 2.9 Percent In December

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.

Inflation, consumer price index

The Boston Globe · 51m

US inflation picked up in December, though underlying price pressures ease slightly

Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ago, the highest since July.

The Washington Post on MSN · 1h

Inflation heated up in December, as prices continue to weigh on Americans

Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.

U.S. News & World Report · 7h

UK Inflation Unexpectedly Eases in December, Which Could Reduce Pressure in Bond Markets

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month

inflation, US

Reuters on MSN · 12h

Rupee to inch up on dollar pullback before US inflation data

The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee will open at 86.

The Wall Street Journal on MSN · 6h

Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data

The dollar falls to a one-week low as investors turn cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year-on-year in December but core inflation is seen unchanged at 3.

Barron's · 11m

US Stocks Rally On Inflation Data, Solid Earnings

Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.

peso, inflation and crawling peg

Reuters · 16h

Argentina slows peso crawling peg as inflation eases

Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the central bank sees continued progress on inflation.

Bloomberg on MSN · 18h

Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes

Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for the policy change.

Barron's · 18h

Argentine Annual Inflation Nosedives, In Boost For Milei

Javier Milei's government boasted Tuesday that it had "pulverized inflation" after statistics showing Argentine price increases falling to 117.8 percent in 2024, down nearly 94 points in the first full year since the budget-slashing president took office.

3hon MSN

Why a small drop in inflation matters to you

Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...

Stocks surge after softer US inflation, upbeat fourth quarter earnings

Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...

CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates

The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...

koaa49m

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 ...

Inflation Relief For the UK — And Rachel Reeves

A reprieve for the UK gilts market will be welcome after a torrid week.

1hon MSN

CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress

Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...

24mon MSN

Consumer prices rose 2.9% in December, a sign Trump will inherit stubborn inflation as he takes office

Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...

54m

Services Inflation Remained Fairly Stable

Healthy employment conditions and wage growth continue to outpace inflation, but that’s not creating any additional ...

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US consumer inflation rises to 2.9 percent

Inflation, consumer price index

inflation, US

peso, inflation and crawling peg

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