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Inflation heated up

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.

FOX News on MSN · 2h

Energy and food prices drove inflation in December

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.

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.

Wall Street, inflation

Los Angeles Times · 51m

Wall Street rips higher on inflation data and strong bank profits

The report said overall inflation accelerated to 2.9% from 2.7% in November. Although no one wants higher inflation, the numbers were more encouraging underneath the surface. After ignoring prices for food and energy,

CNN on MSN · 2h

Wall Street soars on record bank profits and cooling inflation

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

Seattle Times · 19h

Stock market today: Wall Street jumps after encouraging inflation report and strong bank profits

U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S.

Fall in Gilt Yields

Reuters on MSN · 7h

TSX rises as U.S. inflation data lifts hope for more Fed rate cuts

Canada's main stock index rose on Wednesday as investors welcomed a U.S. inflation print that lifted hopes for more rate cuts this year by the Federal Reserve. The Toronto Stock Exchange's S&P/TSX composite index was up 0.

The Wall Street Journal on MSN · 14h

Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling

Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.

Barron's · 14h

Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data

The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.

Gold, Inflation

FOX News on MSN · 10h

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.

The Wall Street Journal on MSN · 1d

Gold Rises Ahead of U.S. Inflation Data

Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on the path of monetary policy.

Reuters on MSN · 17h

Gold eases as spotlight shifts to US inflation data

Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory. Spot gold eased 0.

1hon MSN

Inflation Rises Again, Hitting 2.9% in December

Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve ...

7hon MSN

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 ...

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 ...

2hon 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 ...

Inflation Sped Up in December, a Fresh Challenge for the Fed

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers

Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in ...

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 ...

7hon MSN

US inflation picked up in December but underlying price pressures eased

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

Opportunities For Business Owners In The Inflation Reduction Act

The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...

2hon MSN

Bitcoin touches $100,000 again as a cool inflation reading fuels risk appetite

Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on ...

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Inflation heated up

Wall Street, inflation

Fall in Gilt Yields

Gold, Inflation

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