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 ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
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 a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...
On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.
A subdued December producer-price index reading Tuesday morning brought a modicum of relief to investors stressed out over the prospect of a re-acceleration of inflation, but it's the December ...
The spotlight will be on the Consumer Price Index (CPI) figures, Core CPI data, and the EIA Crude Oil Inventories report, all of which have the potential to influence market sentiment and monetary ...
The overall consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department said Wednesday. The index rose 0.4% from the previous month, driven by a 4.4% jump in gas ...
Stocks took a leg higher after the Consumer Price Index (CPI) showed progress toward the Fed's 2% inflation target in December. Prices climbed 0.2% month-on-month on a "core" basis, which strips ...