Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
Japan December Inflation Backs Case for Central Bank Rate Increase
Japan’s consumer price growth picked up in December, adding to evidence of steady inflation just hours before the central bank announces its rate decision.
VIEW Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
Japan’s core inflation rate surges to 16-month high of 3% in December
Japan's core consumer price index—which includes gasoline prices but does not include fresh food—rose 3% annually in December, reaching its highest level since August 2023, up from 2.7% in November and matching consensus.
Nigerian inflation rises for fourth straight month in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.
Asia-Pacific markets poised to rise after S&P 500 hits record highs; Japan core CPI hits 16-month high
Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.
Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels.
Japan's Inflation Stays High, Setting Stage for BOJ Rate Hike
Japans inflation remained elevated in December, reinforcing expectations for a Bank of Japan (BOJ) interest rate hike. National core consumer price index (CPI), excluding fresh food, rose 3% year-on-year,
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
December CPI Report: Core Inflation Is Lower Than Feared
The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas ...
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 ...