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Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
Wednesday: MBA Mortgage Applications, week ended Dec. 17 (-4.0% during prior week); Chicago Fed National Activity Index, November (0.76 during prior month); GDP annualized, quarter-over-quarter ...
Weekly calendar Monday. Economic data: Dallas Fed Manufacturing Activity (-16 expected, -19.2 previously); New home sales, October (723,000 annualized rate expected, 759,000 previously); New home ...
“U.S. consumers are set to spend 4% more on holiday shopping this year, with average spending projected to reach $948, compared to $911 in 2023, according to the KPMG 2024 Consumer Holiday ...
August data marked the slowest year-over-year inflation reading since early 2021. Prices are set to rise 0.1% on a month-over-month basis, a decrease from the 0.2% reading seen in May.
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.