The US ended 2025 with steady but elevated inflation in December

The Bureau of Labor Statistics published the December consumer price index data.

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• The inflation rate remained at 2.7% in December, matching expectations.
• The report provides greater clarity on price changes, following the absence of an October estimate.
• The Federal Reserve can use the new data to inform its first interest rate decision of the year.

The US ended 2025 with a lower inflation rate, but it was still far above the Federal Reserve's target.