December CPI Data: Inflation Ticks Up, Adding Pressure on the Fed
The latest Consumer Price Index (CPI) report for December has revealed an increase in inflation, surpassing economists’ expectations. While varying figures are reported, multiple outlets note a rise to 2.9% annual inflation, the highest since July. This uptick was fueled primarily by rising energy and food costs. However, there’s some debate around core inflation, with […]
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