December inflation figures set to make or break February rate cut, with government watching on
The new inflation figures published on Wednesday may be decisive for the Reserve Bank as it weighs a February interest rate cut. The outcome for the December quarter is the last substantial economic update before the rate meeting on February 18,
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Quarterly inflation drops, raising hopes for interest rate cut
The largest price rises were alcohol and tobacco, along with recreation and culture, while housing and transport offset the increase.
Rate cut odds increase after inflation slows in final quarter of 2024
The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank's preferred measure of inflation fell to 3.2 per cent over the year to December.
Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Australia inflation cools in Q4, opens door to rate cut
By Wayne Cole SYDNEY (Reuters) -Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
What To Expect From Friday's Report On Inflation
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Underlying inflation drops to 3.2pc, bolstering pre-election rate cut
Slower growth in the cost of housing has helped achieve a sharper-than-expected decline in underlying inflation, raising the ...
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Australia’s inflation rate falls beating RBA expectation
Aussie mortgage holders could get a rate cut as soon as February after fresh figures show inflation is falling faster than anticipated.
A Fed on hold, for now, eyes strong jobs, easing inflation
At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% ...