US Core CPI Rises Less Than Expected in December
Market Intelligence Analysis
AI-PoweredUS core CPI rose 0.2% in December, beating expectations, and annual growth slowed to 2.6%, a four-year low, indicating a potential decrease in inflation pressure.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Underlying US inflation rose in December by less than expected, as the core consumer price index increased 0.2% from November and advanced 2.6% on an annual basis, matching a four-year low. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
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