inflation december - Search News

Inflation heated up

US inflation picked up in December but underlying price pressures eased

U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.

The Wall Street Journal on MSN · 1h

Inflation Rises Again, Hitting 2.9% in December

WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other items were more muted.The consumer price index rose 0.4% in December from November and finished the year up 2.

The Washington Post on MSN · 3h

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.

inflation, Wall Street

USA TODAY on MSN · 1h

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.

Reuters on MSN · 1h

Wall St soars after inflation data, strong bank earnings

Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by lower-than-expected core inflation data for December and robust quarterly earnings from the biggest U.

The Associated Press on MSN · 12h

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.

peso, inflation and crawling peg

Reuters · 18h

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 · 20h

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 · 20h

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.

Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

HousingWire1h

Inflation report offers a mixed bag for the housing industry

The CPI report for December registered a 2.9% year-over-year rise and a 0.3% rise compared to November, but core inflation is ...

9hon MSN

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 ...

Nigeria inflation rises for fourth month in a row in December

Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in ...

2hon 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 ...

3hon 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 ...

Breakeven inflation rates rise despite December's mild producer-price reading

Market-based expectations of future inflation were rising further above 2% on Tuesday as traders looked past December's mild producer-price index report and a ...

3hon MSN

Treasury Yields Fall Following December Inflation Data

Treasury yields and the dollar fall as December inflation is in line with expectations. Headline 12-month CPI is 2.9%, up from November’s 2.7% but meeting consensus forecast in a Wall Street Journal ...

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