Newsweek on Nostr: US inflation rises to 2.9% in December, as gas and egg prices drive uptick ========== ...
US inflation rises to 2.9% in December, as gas and egg prices drive uptick
==========
US inflation rose to 2.9% year-over-year in December 2024, the largest increase since July; core inflation decreased slightly to 3.2% from 3.3%; gas prices surged 4.4% and egg prices jumped 3.2% due to avian flu; CPI increased 0.4% month-to-month, the biggest rise since March; Federal Reserve's interest rate remains at 4.3%, with only one rate cut forecasted for 2025; unemployment rate at 4.1%; Trump's proposed tariffs could raise inflation by a few tenths of a percentage point; article published on January 15, 2025.
#Inflation #Economy #GasPrices #Eggs #FederalReserve #Trump #Cpi #MortgageRates #InterestRates #Unemployment
https://www.newsweek.com/us-inflation-rises-december-gas-egg-prices-drive-uptick-2015379
==========
US inflation rose to 2.9% year-over-year in December 2024, the largest increase since July; core inflation decreased slightly to 3.2% from 3.3%; gas prices surged 4.4% and egg prices jumped 3.2% due to avian flu; CPI increased 0.4% month-to-month, the biggest rise since March; Federal Reserve's interest rate remains at 4.3%, with only one rate cut forecasted for 2025; unemployment rate at 4.1%; Trump's proposed tariffs could raise inflation by a few tenths of a percentage point; article published on January 15, 2025.
#Inflation #Economy #GasPrices #Eggs #FederalReserve #Trump #Cpi #MortgageRates #InterestRates #Unemployment
https://www.newsweek.com/us-inflation-rises-december-gas-egg-prices-drive-uptick-2015379