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.
The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while ...
The US central bank has cut rates by a full percentage point since September as it looks to bolster the labour market.
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
US markets gear up for an important session, with all eyes on December CPI data, expected at 7:00 PM IST, and the earnings ...
Scripps News on MSN18h
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Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
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