December's inflation report shows a 0.4% rise in headline inflation and a 0.2% rise in core inflation, with year-over-year increases of 2.9% and 3.2%, respectively. Headline inflation has been ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
But what exactly does this new inflation report mean for borrowing rates — and for mortgage rates, in particular? Below, we'll break down how this new data could impact homebuyers and homeowners ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...