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US Inflation in Dec. unexpectedly eases, rate cut bets rise

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 3.2 percent, from 3.3 percent.

FOX News on MSN · 22h

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.

USA TODAY on MSN · 23h

Inflation rose to 5-month high in December. What that 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.

US consumer prices post largest gain in 9 months

Wall Street Journal · 7h

Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

Reuters · 19h

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 still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.

LA Times on MSN · 23h

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.

inflation, us and bank profits

USA TODAY on MSN · 16h

Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings

US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.

CNN on MSN · 17h

Wall Street rallies on robust bank earnings and positive news on inflation

US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

Barron's · 16h

US Stocks Pop On Inflation Data, Strong Earnings

US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.

Fall in Gilt Yields

Reuters on MSN · 1d

Gold firms as dollar, yields slip; US inflation data looms

Gold prices firmed on Wednesday as the U.S. dollar and Treasury yields retreated, while market participants awaited U.S. inflation data for clues on the Federal Reserve's interest rate strategy. Spot gold gained 0.

The Wall Street Journal on MSN · 1d

Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling

Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.

Barron's · 1d

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

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

16hon MSN

What the new inflation report means for mortgage rates

Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...

21h

New inflation reading likely keeps the Fed on pause for now

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

22hon MSN

Inflation Ticked Up To 2.9% In December As Expected—Highest Since July

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

22h

Inflation report shows upsurge days before Trump takes office

The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...

16h

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.

16hon MSN

Here's the inflation breakdown for December 2024 — in one chart

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

3hon MSN

Stock market today: Global shares advance after inflation data drives a rally on Wall Street

Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices ...

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US Inflation in Dec. unexpectedly eases, rate cut bets rise

US consumer prices post largest gain in 9 months

inflation, us and bank profits

Fall in Gilt Yields

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