"CPI inflation in December was a bit higher than forecasters expected. The headline CPI rose 0.3% in December, up from 0.1% in November, while the core CPI rose 0.3%, unchanged from November.

December CPI Report Highlights. CPI report release date and time: Wednesday, Jan. 15, at 8:30 a.m. EST; The CPI is forecast to rise 0.3% in December after rising by the same amount in November.

Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.

The Labor Department on Wednesday said that the consumer price index (CPI) — a broad measure of how much everyday goods like gasoline, groceries and rent cost — increased 0.4% in December ...

Core CPI also rose 0.2%, below the November increase of 0.3%. Economists expected consumer prices to rise 0.3% on a monthly basis in December, and for the annual inflation rate to rise to 2.8% ...

Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut ...

The Bureau of Labor Statistics released its December Consumer Price Index (CPI) at 8:30 a.m. ET on Thursday. Here are the main figures from the report, compared to Wall Street estimates.

In December, Fed Chair Jerome Powell said the central bank was likely done raising its key interest rate after pushing it to a 22-year high of 5.25% to 5.5% to tame inflation.

The selloff in the S&P 500 could continue if the core CPI comes at 0.3% MoM, which would be above the expectations of 0.2% MoM. Check out the implications.

With the December CPI report now a matter of record, we turned to economists, strategists and other experts for their thoughts on what the data means for markets, macroeconomics and monetary ...

The Bureau of Labor Statistics released its December Consumer Price Index (CPI) at 8:30 a.m. ET on Thursday. Here are the main figures from the report, compared to Wall Street estimates.