Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

The consumer price index, an inflation measure ... told Business Insider. The Federal Open Market Committee could consider the new data in its interest-rate decision at the end of the month.

The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...

the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...

U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...

offers market a "glimmer of hope" The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations and affirming a rate-cut trend line that ...

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.