The US Bureau of Labor Statistics (BLS) reported that core inflation cooled in December, the first easing since July 2024. While the Consumer Price Index (CPI) saw prices move in line with estimates, the core CPI – which excludes food and energy costs – rose just 0.2% from the previous month and 3.2% year-on-year, below expectations.
Wealth host Brad Smith is joined by Yahoo Finance senior report Alexandra Canal to discuss a variety of price trends seen in the latest CPI release, including increases in gasoline prices, higher shelter and housing costs, food and groceries, and even plane tickets.
To see more expert insights and analysis on the latest market action, check out more Wealth! here.
This post was written by Josh Lynch
