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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
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 ...
See today's average mortgage rates for a 30 ... Bankrate. Accessed January 23, 2025. Housing Forecast: December ... Accessed January 13, 2025. Consumer Price Index Summary, U.S. Bureau of Labor ...
Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed January 16, 2025. Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed January 15, 2025.
(COLORADO SPRINGS) — In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES ...
The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...
See today's average mortgage rates for a 30 ... Bankrate. Accessed January 16, 2025. Housing Forecast: December ... Accessed January 13, 2025. Consumer Price Index Summary, U.S. Bureau of Labor ...
Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed December 12, 2024. Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed January 15 ...