Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Biden defends inflation policies, says 'red states really screwed up' their economies in final interview
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence O’Donnell" Thursday night.
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
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US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
US inflation rises to 2.9% in December, driven by energy prices and holiday spending
Annual inflation in the United States climbed to 2.9% in December 2024, marking its third consecutive monthly increase and aligning with market expectations. This steady rise, up from 2.7% in November,
Signs of relief? Inflation is lower in Phoenix compared to national average
The cost of living in the Valley has soared sharply over the last five years, but according to the latest data from the U.S. Bureau of Labor Statistics, there could be signs of relief. Prices in metro Phoenix are up 1.
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Projected US Interest Rates in 5 Years: Optimism for Future Cuts After Accelerating Inflation
The Federal Reserve cut interest rates by 25 basis points in its final meeting of the year. The Fed aims to bring inflation down to
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Biden defends inflation policies, says 'red states really screwed up' their economies in final interview
The Labor Department said on Wednesday that inflation rose by 2.9% in December, up from 2.7% in November and the highest rate since July 2024. Biden went on to claim red states "screwed up" on ...
White House says Biden admin's killing of over 100M chickens contributed to skyrocketing egg prices
White House press secretary Karoline Leavitt said Tuesday that the Biden administration contributed to the high cost of eggs after directing 100,000,000 chickens be killed.
The reason why the price of eggs has skyrocketed: what is their average price?
Consumers in the United States have noticed that the cost of eggs has soared in recent weeks, and are keen to understand why this has happened.
US labor market stays on solid footing early in the year
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.