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 still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
Consumer Prices Rise on Higher Energy and Food Costs
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more
US consumer prices rise in December, but underlying inflation slowing
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year. Lisa Bernhard has more. Could AI-assisted program help badminton players with training?
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December but core items did not make the same jump, according to the latest report
Consumer prices rise in December at the same rate they did in November: report
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
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JPMorgan’s Dimon: Consumer Spending Healthy but Inflation Could Persist
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Rising Energy Costs Push Inflation Up Again. Ways You Can Save This Winter
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
Nasdaq up 2%, S&P and bonds jump with cooler core consumer inflation
Major U.S. stock averages surged Wednesday, with bank stocks climbing, and as a softer-than-expected core inflation reading ...