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.
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.
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’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.
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.
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 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 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,
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.
URGENT: Japan's core consumer prices in Dec. rise 3.0% on year
Japan's core consumer prices in December rose 3.0 percent from a year earlier, government data showed Friday. The increase in the nationwide core consumer price index, excluding volatile fresh food, followed a 2.
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 ...
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Stock Market Today: Stocks Slip as Inflation Worries Rise
And the Fed isn't alone in its concerns about inflation. Today's University of Michigan consumer sentiment data showed ...
India's December retail inflation eases to four-month low, boosting rate cut hopes
India's annual retail inflation in December slowed to 5.22% from 5.48% in the previous month, government data released on ...
Consumer Sentiment Dips on Inflation Concerns
American consumers are once again worried about inflation, the issue that may have cost former President Joe Biden the 2024 ...