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 ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
U.S. inflation picked up in December as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
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.
With all of the holiday dining last month, inflation around groceries and dining out didn’t exactly tumble back to the low ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
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 ...