Inflation accelerated for a third ... down from $3.17 in November, according to the Energy Department. Grocery prices rose 0.3%, easing after an outsized 0.5% increase in November.
For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...