US Inflation Matches Expectations in December with Core CPI Softening

Reported about 7 hours ago

In December, US inflation rose by 0.4% month-over-month and 2.9% year-over-year, aligning with economist predictions. The core Consumer Price Index (CPI), excluding food and energy costs, increased by 0.2% monthly and 3.2% annually, both figures falling short of forecasts. Analysts Brad Smith and Seana Smith discuss these trends and their implications for various consumer sectors.

Source: YAHOO

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