The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

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. ...

Wholesale inflation comes in below forecasts … the 10-year Treasury yield is driving the bus … the S&P sits at a critical level … estimating the size of the potential move that’s coming for the S&P ...

Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...

Groceries are up 1.8%. Meanwhile, there were some bright spots in the CPI report, such as shelter. The 4.6% annual inflation rate for housing in December was the lowest since January 2022.