U.S. Inflation Accelerates to 3.4% in December: Impact on S&P 500 and Fed Policy Outlook
Overview Headline U.S. inflation accelerated in December, while an annual underlying reading slowed marginally, as Federal Reserve officials search for signs of easing price gains before rolling out possible interest rate cuts this year. The seasonally-adjusted year-on-year consumer price index (CPI) in the world’s largest economy sped up to 3.4% last month, up from 3.1% […]