Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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 report: Economists expect annual inflation to come in at 2.9% as of December, ...
New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some easing with the Federal Reserve's path forward in focus. The latest data from ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a "core" basis, which strips out the more volatile costs of food ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
The good news is inflation seems to be settling just under 3%. Prices rose just 2.9% over the 12 months ending in December, according to the monthly Consumer Price Index released by the U.S ...