Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index 0.4% M/M in December ... to meet the Fed’s target or satisfy consumers weary from the big cumulative price increases of the last few years," Comerica Chief Economist ...
Social Security beneficiaries have received annual cost-of-living adjustments (COLAs) tied to a subset of the Consumer Price ...
In its first policy decision after Donald Trump’s return as the President of the United States and after three consecutive ...
The so-called core consumer price index — which excludes food and energy ... by high prices coming out of the pandemic that surged a cumulative 20% while he was in office. Donald Trump will ...
Prices for goods and services continue to rise more slowly here than in most big cities, with metro Phoenix posting a 1.6% inflation rate in 2024.
While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed officials that they are again making adequate progress on inflation.