Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

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

Stripping out volatile food and energy prices, the core CPI month over month reached +0.3%, in-line with expectations and the November core print. Year over year headline CPI is what’s known as ...

the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly gain. On an annual basis, prices rose 3.2%. Prior to December's print ...

The December CPI ... 2% over the long run, as measured by the Personal Consumption Expenditures Index. That means the Fed will likely pause its interest rate cuts in the coming months.

The bureau's consumer price index, an inflation gauge, rose 2.9% during the month versus the prior year ... The central bank aims for a 2% annual rate over the long term. The Fed also uses ...