There was some good news: "Core" CPI saw disinflation, as did shelter prices. Inflation ticked up in December on the back of higher energy and food prices, the Bureau of Labor Statistics reported ...

Inflation rose faster than expected in December, but core inflation was softer than expected as the Federal Reserve weighs a slower pace of interest rate cuts in 2025. The consumer price index ...

the worst increase since April 2024 (blue in the chart below). The six-month core PCE price index has been in the 2.3% annualized range for the fourth month in a row (red): Inflation is festering ...