Inflation up 2.9% year-over-year in latest CPI report

By / / Lifestyle / 1 minute of reading


The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O’Grady has more.



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About The Author

Avatar of Bridget Roy
Bridget Roy is a news writer for Gibbs Press, where she covers sports, education, and tech. She's also a dedicated educator and advocate for children's rights. In her free time, Bridget likes to read, watch movies with her family, and play video games. She says that while she loves all of those things, they pale in comparison to her love of writing.

Inflation up 2.9% year-over-year in latest CPI report

By / / Lifestyle / 1 minute of reading


The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O’Grady has more.



Source link

About The Author

Avatar of Bridget Roy
Bridget Roy is a news writer for Gibbs Press, where she covers sports, education, and tech. She's also a dedicated educator and advocate for children's rights. In her free time, Bridget likes to read, watch movies with her family, and play video games. She says that while she loves all of those things, they pale in comparison to her love of writing.

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