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US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected 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.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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 consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
2d
US weekly jobless claims increase; labor market conditions still healthy
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but ...
7d
on MSN
US labor market exits 2024 with strong job gains, drop in unemployment rate
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the ...
3d
on MSN
US inflation picked up in December but underlying price pressures eased
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
The Independent
3d
US inflation likely remained elevated last month, threatening interest rate cuts
At such a critical moment in
US
history ... lessen the chance that the
Federal
Reserve
will cut its key interest rate much this year. On Wednesday the
Labor
Department
is expected to report ...
3d
on MSN
US inflation ticks up again — dimming prospects for significant Fed cuts this year
US consumer prices showed no signs of cooling in December amid higher costs for energy goods — pointing to still elevated ...
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