Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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 ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
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 ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.