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.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation sped up in December as expected, marking the third consecutive month of acceleration. The consumer price index, an inflation measure, increased by 2.9% over the year that ended in December.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...