US inflation likely remained sticky-high last month, threatening interest rate cuts
Wednesday, 15 January 2025 U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year. On Wednesday the Labor Department is expected to report that in December the consumer price index rose 2.8% from a year ago, according to economists surveyed by FactSet, up from a 2.7% increase in November. It would be the third straight increase, after inflation fell to a 3 1/2 year low of 2.4% in September.
The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's...
High inflation rate pushes more Belgians to go cross-border shopping in France
Belgium's inflation rate is one of the highest compared to its neighbouring countries, report by FPS Finance..
Credit: euronews (in English) Duration: 01:02Published
Wednesday, 15 January 2025
![High inflation rate pushes more Belgians to go cross-border shopping in France [Video]](https://video.newsserve.net/300/v/20250226/1403518242-High-inflation-rate-pushes-more-Belgians-to-go.jpg)
