The US Department of Labor has reported that the rate of inflation rose to 3.4% in December.

The Consumer Price Index increased by 0.3% to 3.4% in the latest inflation print, surpassing analysts' expectations. The main price pressures were energy, housing, and food. These figures pose challenges for the Federal Reserve's interest rate campaign in achieving the 2% inflation target.

January 10, 2024
38 Articles

Further Reading