Instant view: Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year.
December CPI Report: What to Expect From Inflation Data
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December,
What to expect from the CPI report
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024. Wall Street expects 0.
Dec CPI Rises a Touch Above Expectations, Keeps Fed on Track
STOCKS: U.S. stock index futures jumped to extend gains and S&P 500 E-minis were last up 89 points, or 1.5%BONDS: The 10-year U.S. Treasury yield dropped and was last down 12.1 basis points to 4.667%, while the two-year yield was off 9.1 basis points to 4.274%FOREX: The dollar index weakened and was last 0.4% lower to 108.76
CPI Inflation Hurt More In December But With A Silver Lining
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living.
Inflation shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
Surprising Dec US payrolls jump supports longer Fed pause
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the ...
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DEC announces annual spring seedling sale
The state Department of Environmental Conservation’s annual spring seedling sale is now open and will run until May 14.
New York DEC officers, forest rangers help rescue moose from frozen water in Indian Lake
"There’s no training manual on how to get a moose out of the ice," said one of the DEC officers involved in the rescue.
Limitless Win's Ant and Dec forced to silence studio audience as tensions rise on ITV show
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DEC awards more than $16 million dollars to Climate Smart Communities
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Ant and Dec’s Limitless Win viewers fume after ‘incorrectly-worded’ question sparks confusion
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Four Russian officers reportedly killed in Kursk Oblast by Ukraine's Dec. 30 strike
At least four Russian officers were killed in Ukraine's attack on the town of Lgov in Russia's Kursk Oblast on Dec. 30, ...