US INFLATION DATA RELEASED
US INFLATION DATA RELEASED
Inflation rose slightly: Consumer prices in the U.S. increased by 2.9% in December compared to a year ago.
Small increase from November: This is higher than November's 2.7% annual increase.
Met expectations: The increase matched what experts predicted.
Core inflation slowed: Prices, excluding certain items (like food and energy), grew slower than experts expected and were lower than the previous month.
