Reported about 7 hours ago
December's core Consumer Price Index (CPI) showed a smaller-than-expected increase of 0.2% from the previous month, marking a slowdown in inflation pressures for the first time since July. On a year-over-year basis, core CPI rose 3.2%, down from 3.3% in prior months. While overall prices increased 2.9% compared to last year, the gradual easing in core inflation is viewed positively by the Federal Reserve as it navigates interest rate decisions amid ongoing economic uncertainties.
Source: YAHOO