CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress Inflation is still not back to the pre-pandemic norm. Anadolu via Getty Images ...

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.

US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.

Inflation moved up for the third month in a row, rising two-tenths of a percentage point to 2.9% for the year ending in December, adding to signs that the Federal Reserve may have to keep interest ...

U.S. inflation picked up in December as prices rose for gas, eggs and used cars. The Federal Reserve building on June 19, 2015, in Washington. Andrew Harnik/AP, file ...

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...

The overall consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department said Wednesday. The index rose 0.4% from the previous month, driven by a 4.4% jump in gas ...

And during a press conference in November, he said: “Really the question is – is December….By December, we’ll have more data.” Investors odds of a quarter-point rate cut shot up to 99.9% ...

Inflation ticked higher again in November as prices remained stubbornly high ... traders see a 97.9% probability of a 25 basis-point cut at the Fed's December meeting — up from 88.9% a day ago, ...

Core PCE inflation rose 2.8% last month — in line with Wall Street expectations. REUTERS. On a month-to-month basis, the core PCE rose 0.3%. Both the annualized rate and the month-over-month ...