Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some ...
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...