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% ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
The U.S. consumer prices report released this week revealed a less-than-expected increase in December, signaling a potential ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.