Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
Inflation Calculator: See How Much Inflation Is Costing You
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend ...
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.
Fed Leaves Interest Rates Unchanged, But 2025 Cuts Are Still Expected
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
AUD/USD, NZD/USD, and USD/JPY Analysis: Trade Policy and Inflation Impact
AUD/USD and NZD/USD rebound from strong support levels and remain resilient ahead of the CPI data release. Meanwhile, USD/JPY ...
2025 Inflation Outlook: Which Sectors Will Be Impacted by Fed Decisions
Boeing Co, Northrop Grumman Corporation, Lockheed Martin Corporation, MetLife Inc. Read Albert Anthony's latest article on ...
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Tampa's inflation rate is now among the lowest compared to other metros
Prices grew at a rate of 1.6% in the Tampa metro area over the past year. That's less than the national inflation rate of 2.9 ...
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 start of the year.
Bitcoin correlation with Nasdaq soars as CPI fears intensify
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more volatility in both traditional and digital markets.