Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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. ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
The SGF said the rebasing was the responsibility of NBS as the country’s official producer of data. He pointed out that ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
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CPI increases in December
Statistics South Africa (Stats SA) has recorded an increase in the Consumer Price Index (CPI), with data showing that ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...