Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
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 ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
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 ...