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The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
Price check. A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation was at 2.9% annually ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to ...
Economic data releases and earnings. Donald Trump retook the presidency in part because many voters didn’t feel they had participated in America’s prosperity. During his first week back in ...
And airline fares increased by 3.9%, a rise that Pantheon Macroeconomics traced to a busy holiday travel season. The cost of medical services rose 0.2% but that’s down from recent increases.
The U.S. central bank this week paused its rate-cutting cycle, while Fed Chair Jerome Powell said officials were "waiting to see what policies are enacted" with the new president.
News. Entertainment. Lighter Side. Politics. Science & Tech. Sports. Weather. US stocks surge after latest inflation report shows progress on price hikes. Alicia Wallace, CNN. January 15, 2025 at ...
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