Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

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 ...

Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...

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 ...

US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above ...

A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...

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 ...