Dec CPI rises a touch above expectations, keeps Fed on track

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price ...
Energy costs jumped in December, with the acceleration accounting for 40% of the total increase in the consumer price index ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...