While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Economist Paul Krugman says Trump's tariffs, tax cuts, and deportations won't bring down grocery prices and will harm working ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.