U.S. inflation higher than expected in December as food and …
Jan 12, 2024 · Uptick in inflation reflects the economic struggles of many Americans 03:04. Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal …
December Inflation Report - The New York Times
Jan 11, 2024 · U.S. consumer prices rose 3.4 percent in the year through December, in a report that comes as the Federal Reserve weighs cutting interest rates. Fresh inflation data showed …
Federal Reserve officials at December meeting ... - Associated Press News
2 days ago · WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated …
From housing to energy to food, US inflation ... - Associated Press News
Jan 11, 2024 · A new report on December inflation numbers from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Consumers …
Inflation rate grows to 3.4% in December 2023: High housing ... - NBC News
Jan 11, 2024 · After two years of breakneck inflation that sent the cost of everyday goods and services surging, 2023 experienced a meaningful slowdown in price growth: the December …
Inflation Ticks Up Slightly Ahead of Fed Meeting
Dec 11, 2024 · Consumer prices rose 2.7 percent in the year through November, a slightly hotter rate than the previous month. The Federal Reserve is considering whether to cut interest rates …
US inflation picks up more than expected in December - BBC
Jan 11, 2024 · Consumer prices in the US rose again in December, driven by higher costs for housing, dining out and car insurance. Inflation - which measures the rate at which prices are …
Inflation jumped in December, complicating Fed aim of ... - ABC News
Jan 11, 2024 · Core inflation, a measure that leaves out volatile food and energy prices, delivered better news than the overall rate. Core inflation climbed 3.9% in December compared to a year …
CPI inflation report December 2023: Prices rose 0.3% higher than ...
Jan 11, 2024 · The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.
Consumer prices rose more than expected in December, new inflation …
Jan 10, 2024 · Inflation pressures reignited as energy and shelter prices rose: the Consumer Price Index rose 0.3% in December, the Labor Department said on Thursday. Why it matters: …