US Core CPI Rises Less Than Forecast in December at 0.2%

The video discusses the Consumer Price Index (CPI) changes for December, noting a slight increase compared to November. The year-over-year CPI is at 2.9%, with the core CPI showing a minor decrease, which is favorable for the Federal Reserve. Key price changes include a rise in gasoline, new and used vehicles, and apparel. The video also highlights the increase in owners equivalent rent, indicating potential challenges in the housing market.

What was the Consumer Price Index (CPI) change in December compared to November?

What was the year-over-year CPI percentage reported?

How did the core CPI change from the previous month?

What was the change in gasoline prices reported?

What is the reported change in owners equivalent rent?