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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
After the latest CPI data rose more than forecast in January, traders reduced their prediction of 2025 rate cuts down to just one — and not until much later in the year.
Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.
TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%. ... COLA for 2025 Forecast at 2.5% According to The Senior Citizens League, Senior Citizens League, email ...
After the latest CPI data rose more than forecast in January, traders reduced their prediction of 2025 rate cuts down to just one — and not until much later in the year.
January 15, 2025 at 9:34 AM. ... 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 January CPI report will provide a fresh look at inflation. Consensus forecast: Headline inflation to ease to 2.8% YoY (from 2.9% in December). Core CPI (excluding food & energy) is expected at ...
The January consumer price index (CPI) data is due at 8:30 a.m. ET, with headline inflation estimated to rise 0.3% month-on-month, and remain steady at 2.9% on an annual basis, as per economists ...