The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...