Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...