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The S&P 500 sunk 2.9%. Among the key signals from the Fed include a higher terminal interest rate projection of 3% rather than 2.875%, and an increased inflation forecast of 2.5% next year. Both ...
The December jobs report showed the US labor market ... "Solid increases in energy and food prices at the end of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price Index in ...
The consumer price index rose 2.9% in December from a year ago, Wednesday’s report from the Labor Department showed, up from 2.7% in November. US inflation picked up in December but underlying ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation peaking at 2.5% next year, higher than September's projection of ...
Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices. The yearly increase matched ...
That raised the 12-month inflation expectations above the 2.3%-3.0% range seen in the two years prior to the COVID-19 pandemic. Long-run inflation expectations soared to 3.3%, the highest level ...