Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...