Reported about 9 hours ago
The December Consumer Price Index (CPI) is anticipated to reveal sticky inflation in the U.S., with expectations of a rise in headline inflation to 2.9% and core inflation at 3.3%. Factors contributing to this persistence include increased costs in shelter and services. As the Federal Reserve navigates interest rate decisions amid political uncertainties following Donald Trump's election, economists speculate that potential inflationary policies could influence future monetary actions.
Source: YAHOO