Inflation is still not back to the pre-pandemic norm. Headline inflation was 2.9% in December, according to year-over-year changes in the Bureau of Labor Statistics’ consumer price index ...
Hosted on MSN27d
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling ProgressHeadline inflation was 2.9% in December, according to year-over-year changes in the Bureau of Labor Statistics’ consumer price index, the most commonly cited measure of inflation, while the ...
Inflation rose again in December as stubbornly ... groceries and rent cost — increased 0.4% in December while ticking up to 2.9% on an annual basis. The 2.9% reading is the highest since July ...
December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2 ... with cereals and bakery products up 1.2% and meats, poultry, fish, and eggs climbing 0.6%.
The Center Square on MSN1d
Everyday Economics: Economic growth to slow further, inflation fears may be overblownHigher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations ...
Generally speaking, the U.S. economy in 2024 continued to outperform its typical or “trend” growth rate of around 2.0%.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...
The Associated Press on MSN11d
Stock market today: Wall Street poised to open higher after government says inflation still stubbornWall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from the U.S. government showing that inflation ticked higher ... prices rose ...
7don MSN
They were down from 8.9 million a year earlier and a peak of 12.2 million ... inflation. The Fed has responded with caution, ...
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