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Inflation Sped Up in Dec., a Fresh Challenge for Fed

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.

Hosted on MSN · 20h

Inflation accelerated as expected in December

US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.

USA TODAY on MSN · 1d

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.

inflation, Wall Street and bank profits

Reuters on MSN · 16h

Wall St surges as inflation data, bank earnings fuel rally

U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and solid earnings from major U.

CNN on MSN · 19h

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.

The Associated Press on MSN · 1d

Stock market today: Wall Street rallies after encouraging inflation data and strong bank profits

U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also helping send indexes higher.

16h

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 ...

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.

19hon 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 ...

17hon MSN

Inflation inches up in final 2024 reading

Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

1don 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 ...

7hon MSN

Bitcoin rebounds after core inflation unexpectedly slows in December: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...

1don 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 ...

MT Newswires on MSN19h

US Equities Markets End Higher Wednesday as Investors Digest December Consumer Inflation Report

US benchmark equity indexes ended higher Wednesday as markets evaluated the latest consumer inflation report and earnings from major banks. * US consumer inflation accelerated last month on both ...

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Inflation Sped Up in Dec., a Fresh Challenge for Fed

inflation, Wall Street and bank profits

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