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The inflation data set will be a critical economic indicator ahead of the Federal Reserve's monetary policy decision on Wednesday. It's the last piece of data following a strong May jobs report ...
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
The upcoming inflation report will help determine the Fed's next move. ... The bank adjusted its forecast for the November Fed meeting to call for a 25-basis-point move after previously predicting ...
As a consequence, economists at Goldman Sachs have forecast that core inflation would amount to 2.7% by the end of 2025. Without tariffs, they estimate it would drop to 2.4%.
The figure topped economists’ consensus forecast for 3.4% year-over-year inflation, and February’s 3.2% reading. ... Markets reacted as expected to the hot inflation report on Wednesday, with ...
Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices.The yearly increase matched ...
Headline inflation accelerated as expected in December, while core inflation, which strips out more volatile food and energy prices, rose 3.2% year over year, according to the Bureau of Labor ...
New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest ...