US inflation sticks in December as living-cost tensions mount
TL;DR Summary
US consumer prices rose 2.7% year over year in December with a 0.3% monthly gain and core inflation at 0.2%, keeping price pressures above the Federal Reserve's 2% target and fueling political blame over the cost of living as Trump pushes policy changes amid DOJ subpoenas to the Fed.
- US inflation held firm in December amid pressure on Trump over cost of living The Guardian
- December core consumer prices rose at a 2.6% annual rate, less than expected CNBC
- Inflation ticked up in December as falling gas prices helped offset food and housing costs NBC News
- Inflation holds steady in December as White House ramps affordability push Axios
- Inflation remained at 2.7% in December, as high prices continue to weigh on many Americans CNN
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