- Prior was 3.0% y/y
- Headline CPI 3.6% vs 3.7% prior
- Ex fresh food and energy 2.9% vs 2.6% prior
- CPI excluding food vs +1.5% prior
- CPI m/m vs -0.4% prior
Estimates ranged from 3.0% to 3.4% and it came in right in the middle.
Estimates ranged from 3.0% to 3.4% and it came in right in the middle.
Most Popular
Australian CPI surprised to the upside in December, with trimmed mean inflation at 0.9% q/q and 3.4% y/y. Services inflation accelerated, strengthening the case for a 25bp RBA rate hike in February.
Nvidia's $2B bet on CoreWeave sparks AI hardware rally; miners dip as valuation metrics shift.
S&P 500 futures flat pre-Fed, tech earnings loom. Gold hits $5K! Traders eye Fed's rate path & Big Tech valuations.
100% bonus depreciation returns! Businesses can now deduct full asset costs in 2025, boosting capital spending & growth.
Bitcoin at $89K shows resilience post-leverage flush. M2 index signals support, but hedging dominates over leverage.
AI job displacement looms: expect 1+ month longer job search & >4% wage cut. Goldman Sachs flags risk.
NYC power prices surge 31% amid polar vortex; grid operator shifts data centers. Energy stocks rise.
Must Read