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 report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December, ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel oil and motor fuels). Click to read.
The Consumer Price Index (CPI) rose 1.8% on a year-over-year basis in December, down from a 1.9% increase in November. Food purchased from restaurants and alcoholic beverages purchased from stores ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Forecasts for the December Consumer Price Index report show another month of inflation remaining stubbornly above the Federal Reserve’s target. After significant declines in 2023 and most of ...