While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...