The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections ...
This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
Economists are starting to model the effects of President-elect Donald Trump’s plans to raise tariffs, cut taxes and restrict ...