Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
December inflation figures set to make or break February rate cut, with government watching on
Economists expect underlying inflation to fall, bolstering the prospect of a February rate cut
Inflation falls, raising hopes of February rate cut
Core inflation has fallen to 3.2 per cent annually, opening the door for the Reserve Bank to cut interest rates at its next meeting.
Australia’s inflation rate falls beating RBA expectation
Aussie mortgage holders could get a rate cut as soon as February after fresh figures show inflation is falling faster than anticipated.
Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Australia inflation cools in Q4, opens door to rate cut
By Wayne Cole SYDNEY (Reuters) -Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
Australia’s Inflation Eases, Opening Door to Interest-Rate Cuts
Australia’s core inflation eased by more than expected in the final three months of 2024, opening the door to an interest-rate cut as soon as next month and sending the currency lower.
What To Expect From Friday's Report On Inflation
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Underlying inflation drops to 3.2pc, bolstering pre-election rate cut
Slower growth in the cost of housing has helped achieve a sharper-than-expected decline in underlying inflation, raising the ...
Australia CPI set to ease further in December, nearing RBA’s target
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...