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

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...

Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...

The consumer price index is expected to show a 2.7% 12-month ... from its CPI cycle peak around 9% in June 2022. However, the cumulative impact of price increases has been a burden to consumers ...

Despite recent declines, inflation is still the No. 1 concern on voters’ minds, given the years of cumulative price growth.

Prices for goods and services continue to rise more slowly here than in most big cities, with metro Phoenix posting a 1.6% ...

Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.4% from the ...

While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed ...