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

President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.

The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...

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

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 ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

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

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

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