U.S. inflation showed signs of picking up in December, driven by the higher cost of gas, eggs and used cars, but underlying price pressures appeared to ease slightly, offering some relief for ...
Brandon Bell/Getty Images Gas prices saw a notable increase in December 2024, with the gasoline index rising 4.4% and accounting for most of the inflation for the period. The Consumer Price Index ...
The CPI gas metric was 3.4% lower last month than it was in Dec. 2023. Goldman economists forecast an annual core CPI inflation rate of 2.7% by the end of 2025. That’d be the lowest rate since ...
“There aren’t many quick solutions ... energy costs show up in other goods that rely on oil and gas. Bottom line: Could reduce inflation. The Trump administration has long maintained ...
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office.