This index is primarily used to determine current inflation and predict how prices might change in the near future. According to the Labor Department’s most recent report, CPI in December was 2. ...

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's no secret that everything from groceries and gas, to airline tickets and rent is more expensive ...

Selcuk Acar / Anadolu / Getty Images Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

SINGAPORE: Singapore's core inflation fell to 1.8 per cent year-on-year in December from 1.9 per cent in November. The drop was due to a moderation in services inflation, the Monetary Authority ...

The RBI was expected to start an interest rate cut cycle in the second half of 2024 as it had projected inflation to average 4% — its median target — through July-September. Yes, the National ...

Spain closed 2024 with an inflation surprise: consumer prices rose at a higher-than-expected annual rate of 2.8% in December, according to flash estimates from Spain's National Statistics ...

Inflation has been one of the top concerns for the US economy in 2024. And it looks like fears over sticky prices will continue in 2025. "We expect a gradual deceleration from where we are, but to ...

Buenos Aires, Argentina – Late last month, Argentinian President Javier Milei uploaded a characteristically odd photo on social media. It showed him posing with his cabinet behind a golden ...

Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target. Despite significant ...

But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...