Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...