CPI Data Shows Core Price Pressures Ease as S&P 500 Rallies
The Consumer Price Index (CPI) data for December revealed that core price pressures eased more than expected, with the S&P 500 powering higher in response. However, stubbornly high inflation still poses a challenge for the Federal Reserve and the stock market. The CPI rose 0.4% on the month, exceeding forecasts, but the 12-month headline inflation … Read more