Search
Log in
Sign up
Watch fullscreen
Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk
Benzinga
Follow
Like
Bookmark
Share
Add to Playlist
Report
3 hours ago
Consumer inflation rises 2.9% year-over-year in December, the highest annual rate since July 2024, matches economist forecasts. Core CPI rises 3.2% year-over-year, below the 3.3% estimate, while monthly core inflation rises 0.2%.
Category
🗞
News
Show less
Recommended
0:32
I
Up next
Microsoft To Cut Costs, Pause Hiring In US Consulting, Tighten Spending
Benzinga
1:31
August CPI Inflation Report & The Big Misconception About Economists
Benzinga
0:33
Why Quantum Stock SEALSQ (LAES) Stock Is Skyrocketing
Benzinga
0:37
Starbucks Ends Open-Door Policy, Requiring Purchases To Access Facilities In New Rule Changes
Benzinga
0:42
October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain
Benzinga
0:35
Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call
Benzinga
0:48
Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble
Benzinga
0:40
Biden Allocates $635 Million For EV Chargers Before Trump Takes Office
Benzinga
0:55
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
Benzinga
0:53
Mark Cuban On Elon Musk Abandoning His 'Core Market': Manipulating The Most Powerful Man In The World Is Worth More Than Tesla's EV Sales
Benzinga
0:45
PCE Inflation Rises 0.2% In October, Hitting 2.3% Annually, As Core Inflation Matches Forecasts At 2.8%
Benzinga
0:48
October CPI Up 0.2%, Annual Rate at 2.6% and in Line with Wall Street Estimates. Here's How It Could Impact The Fed's Rate Cut Policy.
Benzinga
0:58
US Inflation Eases More Than Expected In May, Boosts 2024 Rate Cut Prospects Ahead Of Wednesday's Fed Meeting
Benzinga
0:30
CPI Rises 0.2% in August Driven by Housing Costs. Inflation Hits Lowest Since 2021.
Benzinga
0:34
Consumer Inflation Hits 2.7% In November As Fed Weighs Further Rate Cut
Benzinga
0:41
'The Fed Is Lagging And Knows It,' Says Grant Cardone, Hinting At December Surprise Rate Slash
Benzinga
0:39
Core Inflation Shows Progress In November, Fed Eyes Rate Cuts In 2025
Benzinga
0:30
The Number Of Interest Rate Cuts Expected By The End Of 2024
Benzinga
0:32
Stock Market Rebounds After Three Weeks of Losses
Benzinga
0:40
U.S. Economy Surpasses Expectations with 3% GDP Growth in Q2. Inflation Remains Above Target, But Far from Pandemic Highs.
Benzinga
0:44
Paul Krugman Says Cut Rates 'Now Now Now,' As New York Fed's Inflation Measure Hits 2.06%: 'The Eagle Has Soft Landed'
Benzinga
0:32
Inflation Rate Nears Fed's 2% Target In September Following Rate Cuts
Benzinga
1:59
What PPI Does and Doesn't Say About Inflation
The Street
1:02
Federal Reserve Hikes Interest Rates 0.25%, Says Future Policy Is Data-Dependent - $SPY $DJI $QQQ
Benzinga
0:33
U.K. Inflation Falls To 1.7% in Sept, Spurs Hopes For BOE Rate Cut
Benzinga