Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Nigeria’s galloping food inflation eased to 39.84 per cent in December 2024 from the 39.93 per cent recorded in November, ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...