inflation
Despite the stable global growth forecast, disparities among countries are widening
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
CPI reflects price changes for a fixed basket of 490 goods and services
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Data on Tuesday showed that U.S. producer prices increased moderately in December
The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak
Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye
The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders
