The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation rose in each of the last three months of the year with rising energy prices driving the uptick in December.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S.