What happened? Inflation in the US jumped more than expected in December. The US Consumer Price Index (CPI) rose by 3.4% in December compared to the previous year, reversing the downtrend in the previous three months. Excluding the volatile food and energy components, core inflation maintained its declining trend.  In December, core inflation rose by […]

source: https://thefinance.sg/2024/01/15/us-inflation-edges-up-in-december-will-prices-pressures-ease-in-2024/