CPI report

US Inflation Rises To 2.9% In December 2024, Impacting Dollar And Fed’s Policy Outlook

The US inflation, as measured by the Consumer Price Index (CPI), increased by 2.9% year-over-year in December 2024, up from 2.7% in November 2024. This was in line with market expectations. On a monthly basis, the CPI rose by 0.4% in December, following a 0.3% increase in November. The news...