Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Different Base Years For December, January Inflation Rates
The inflation rate for December 2024 will be calculated using the 2009 base year, while January 2025 inflation will be benchmarked against a new 2024 base year.
Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 interest rate cut expectations fall further.
CPI Report Keeps the Fed on Track: What the Experts Are Saying About Inflation
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to interest rates.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Bonds Have Banner Day as Inflation Report Revives Fed-Cut Bets
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts.
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CPI base year revision: MOSPI floats discussion paper on treatment of PDS items & other free social transfers
This is the question that the statistics ministry is grappling with, in its effort to revise the base year for the Consumer Price Index (CPI) as well as update the weights for different items ...
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Inflation surges to 34.80% ahead rebasing
Consumer prices rose at a faster annual pace in December, removing any hopes for a rate cut at the Monetary Policy Committee ...
Instant view: Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
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Nigeria’s GDP rebasing and need for transparency
Nigeria’s National Bureau of Statistics (NBS) is planning to rebase the country’s GDP and Consumer Price Index ...
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...