Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates
In addition to hitting consumers in the pocketbook directly, rising inflation is bad news for mortgage borrowers, since the Federal Reserve's primary tool to fight inflation is higher policy rates. Mortgage rates are already near 7%,
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
U.S. inflation accelerated last month as prices for gas, eggs and used cars rose, yet underlying price pressures also showed ...
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods and services were more ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
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