Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
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 Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...