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 Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...