Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Despite already elevated inflation rates, Prestige Economics has cautioned that the December CPI report on January 15 could show accelerations in year-on-year total CPI to 3.0% from 2.7% and core ...
These consensus expectations are as of 1/11, and based on Trading Economics survey. the core CPI inflation will be 0.27% MoM in December, and also 0.27% MoM in January 2025, which when rounded up ...
CPI increased 0.4% for the month after rising ... She holds bachelor's degrees in economics and physics from Kenyon College. We sell different types of products and services to both investment ...