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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 economist expectations. The yearly increase matched ...
And it isn't just this year -- the same report found that from January 1985 through January 2024, the CPI-E increased by a total of 23 percentage points more than the CPI-W.
All eyes are on this morning's consumer price index for clues as to whether the Federal Reserve's back-to-back rate cuts have helped move the ... 2025. The fixed rate for a 15-year mortgage is 6. ...
The percent increase then becomes the COLA in the following year. For instance, the CPI-W increased 2.5% in the third quarter of 2024, which means Social Security benefits will get a 2.5% COLA in ...
See today's average mortgage rates for a 30-year fixed mortgage, ... 2025. The fixed rate for a 15-year mortgage is 6.14%, up 1 basis point from last week's average 6.13%. ... starting with the ...
After a hot December jobs report pared back investor's hopes for interest rate cuts in 2025, two key inflation readings will add to the discussion in the week ahead. ... New York Fed one-year ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
One-year inflation expectations jumped to 4.3% in February from 3.3% last month, marking the the fifth time in 14 years that the survey reported a rise of 1 percentage point or more in year-ahead ...