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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 ...
That could mean fewer rate cuts in 2025. ... The Consumer Price Index was forecast to rise 2.9% last month, according to economists polled by financial-data firm FactSet. ... USA TODAY Sports ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
Description: U.S. Consumer Price Index, a measure of inflation, 1913–2022. 100=1982–84 Date: 8 February 2023: Source: Data source at , specifically in the "... index averages" table in this PDF file (US Government – public domain); Original image at File:Consumer Price Index US 1913-2004.png
Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed January 16, 2025. Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed January 15, 2025.
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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.