Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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 ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.