Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

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.

User: Benzinga

Views: 83

Uploaded: 2025-01-15

Duration: 00:40

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