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

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

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

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still ...

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...

U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...