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

The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

Consumers and traders are waiting to learn if the Fed’s expected pause today is a one-meeting hold or the start of a longer stretch.

The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...

Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the ...

The Consumer ... Price Index for Urban Wage Earners and Clerical Workers (CPI-W): This index is used to determine the annual cost of living adjustments to Social Security benefits and to adjust ...