Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
U.S. inflation picked up in December as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
Daily encounters in December along the southwest border were the lowest average since July 2020, according to the Department ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...