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Inflation, December

Newsweek · 10h

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.

USA TODAY on MSN · 19h

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.

FOX News on MSN · 18h

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.

Trump, Inflation

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 market plummeting and bond yields soaring on fears that the Federal Reserve may delay long-forecasted interest rate cuts.

NBC News on MSN · 19h

Consumer price growth rose 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 dogged the Biden administration as he re-takes the White House next week.

Trump to inherit 5-month high inflation rate

President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the largest gains in overall prices in months.

Wall Street, inflation

U.S. News & World Report · 4h

Stock Market Today: Asian Shares Advance After Inflation Data Drives a Rally on Wall Street

Asian Shares Advance After Inflation Data Drives a Rally on Wall Street TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation.

LA Times on MSN · 10h

Wall Street rips higher on inflation data and strong bank profits

U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.

Houston Chronicle · 1d

Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly's drag

Stocks got a boost from a report showing inflation at the U.S. wholesale level wasn’t as high last month as economists expected. It’s an encouraging signal ahead of a report coming Wednesday, which will show how much inflation U.

17h

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 ...

16h

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 ...

10hon MSN

Dow, S&P 500, Nasdaq post best day since Nov. 6 on cooling inflation and bank earnings

US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...

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