December CPI rose 0.3%, matching expectations, with core CPI cooler at 0.2%, holding the annual rate at 2.6%. Core goods inflation was flat, aided by a 1.1% drop in used vehicle prices; shelter and ...
A potential resurgence of inflationary pressures is at the forefront among the reasons the FOMC has not cut the Fed Funds Target Rate since the December 2024 meeting. Recently, market pricing ...