U.S. inflation data came in below expectations, offering reassuring signals about the outlook for the American economy. The latest figures showed a notable degree of price stability and brought inflation closer to the Federal Reserve\u2019s target.<\/p>\n\n\n\n
The U.S. Consumer Price Index (CPI) rose 0.3% in December, matching both the previous reading in November and market expectations.<\/p>\n\n\n\n
On an annual basis, the CPI increased 2.7% in December, unchanged from the reading recorded in the same month last year and fully in line with forecasts.<\/p>\n\n\n\n
The core CPI, which excludes food and energy prices, rose 0.2% in December, matching November\u2019s reading but coming in slightly below expectations of a 0.3% increase.<\/p>\n\n\n\n
Annually, core CPI rose 2.6%, also unchanged from the previous year\u2019s reading, but below market expectations of 2.7%.<\/p>\n\n\n\n
These figures generated a sense of relief among investors in equity markets and risk assets more broadly, as they strengthen the case for further interest\u2011rate cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. inflation data came in below expectations, offering reassuring signals about the outlook for the American economy. The latest figures showed a notable degree of price stability and brought inflation closer to the Federal Reserve\u2019s target. The U.S. Consumer Price Index (CPI) rose 0.3% in December, matching both the previous reading in November and market …<\/p>\n","protected":false},"author":13,"featured_media":32864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6978],"class_list":["post-122574","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-cpi"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=122574"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122574\/revisions"}],"predecessor-version":[{"id":122576,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122574\/revisions\/122576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32864"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}