Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

core CPI also came in soft at 3.2% vs the median estimate of 3.3% "Today's CPI may help the Fed feel a little more dovish," writes Ellen Zentner, chief economic strategist for Morgan Stanley ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s? It sure appears to be ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated. Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the ...

The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.

Next week brings more inflation data, with both the consumer price index (CPI) and producer price index (PPI) readings for ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.