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.
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.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
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.
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.
U.S. Inflation Rates Over Time and the Forecast for 2025
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
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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 ...
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December CPI Forecasts Predict Stalled Progress on Inflation
Core CPI is forecast to rise 0.2% in December after rising 0.3% in November. The CPI year over year is forecast to rise 2.8% in December after rising 2.7% in November. Core CPI year over ...
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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 ...
CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
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, ...