Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The benchmark U.S. 10-year Treasury yield (US10Y) on Wednesday was on track to post its biggest single-day drop since early ...
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Israel’s Consumer Price Index (CPI) fell 0.3% in December, more than expected with analysts predicting a 0.1% fall, after the ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
Inflation rose in each of the last three months of the year with rising energy prices driving the uptick in December.
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...