Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

Benzinga 2025-01-15

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Consumer inflation rises 2.9% year-over-year in December, the highest annual rate since July 2024, matches economist forecasts. Core CPI rises 3.2% year-over-year, below the 3.3% estimate, while monthly core inflation rises 0.2%.

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