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 ...
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How the Consumer Price Index measures inflation
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the ...