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. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The consumer price index ... complicating the Federal Reserve’s efforts to manage the situation. Sticky inflation refers to price increases for certain goods and services, such as insurance ...
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 ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
STORY: U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas ...
US consumer inflation ... in December was the energy index, which jumped by 2.6 percent, accounting for "over" 40 percent of ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.