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.
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.
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 likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Gold prices continue to rally following the US jobs data, along with the US Dollar Index and US Treasury yields.
have already started cutting rates, but many more are forecast to follow this year, including the US Federal Reserve, the European Central Bank and the Bank of England. The FT global inflation ...
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
Gold and silver are consolidating within tight ranges ahead of the CPI data release, while the US dollar index has formed a ...
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 U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Markets have been re-pricing the prospect of Federal Reserve rate cuts this year in the wake of more hawkish Fed commentary.
World stocks were mixed on Wednesday following Wall Street’s mostly positive performance before key U.S. inflation data that ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback