US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
CPI Report: Inflation Ticked Up
Gold prices continue to rally following the US jobs data, along with the US Dollar Index and US Treasury yields.
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Gold and silver are consolidating within tight ranges ahead of the CPI data release, while the US dollar index has formed a ...
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
In today's Chart of the Day, Yahoo Finance host Julie Hyman explores this wage growth pattern, the factors shaping it, and what it means for consumer spending in relation to inflation. To watch ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could ...
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