Inflation up 2.9% year-over-year in latest CPI report

Date:

January 15, 2025

The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O’Grady has more.

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Consumer Price Index
interest-rate cuts

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Inflation up 2.9% year-over-year in latest CPI report

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