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These figures are higher than a year ago, when rates averaged 6.77% for a 30-year term and 6.12% for a 15-year term. ... at a low level in recent months, and labor market conditions remain solid ...
Stripping out food and energy costs, categories that are typically quite volatile, core CPI rose 0.3% in September, bringing the annual rate up to 3.3% after holding firm at 3.2% the past two months.
Average mortgage rates march higher as of Monday, January 13, 2025, as the market awaits key inflation data for December, starting with the producer price index tomorrow and followed by the ...
Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. US inflation ticked up last month as some price pressures remain persistent Skip to ...
Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled in recent months. According to the Federal Reserve's preferred ...
These numbers ushered in the largest spike in CPI results month over month since August 2023. Core prices for items such as insurance, medical care, and vehicles rose by 3.3% compared to last year.
Notably, this was also just the fifth time in 14 years that the survey reported such a "significant" one-month rise, defined as 1 percentage point or more, in year-ahead inflation expectations.
Producer Price Index data released on May 14 showed a 0.5% increase in wholesale prices — or the prices paid to producers of goods and services — in the 12 months through April, its highest ...