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Fresh inflation data released Wednesday is likely to keep the ... from November's 0.3% monthly gain. ... later in 2025's first quarter since in 2024 inflation spiked back up before declining again
The UK’s Office for National Statistics releases October inflation data. The US Labor Department releases its Producer Price Index for October. The US Commerce Department releases October retail ...
America’s inflation continued to slow in September, reaching a fresh three-and-a-half-year low and coming in at a pace that’s similar to what was seen in 2017 and 2018, according to data ...
The latest inflation data has nudged the US economy back onto a path that points to cool inflation, steady growth, and stable interest rates, Wall Street strategists say. ... On a monthly basis ...
Now, even with demand shifting back from goods to services, the normal state of the U.S. economy, inflation remains elevated and is confounding the Fed’s efforts to slow demand.
The key metric the Fed is focusing on — services inflation excluding housing — rose 0.4% month-over-month and 7.4% year-over-year in December. The Fed sees core services inflation being driven ...
In 2022, the US saw inflation spike to levels not seen in four decades, and the Federal Reserve was in the throes of a historic rate-hiking campaign to cool it back down.
New seasonal adjustments released by the BLS on Friday also switched December's initial reading of a 0.1% monthly drop in headline inflation to an increase of 0.1% in the year's final month.