U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
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 ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
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 ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...