The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The new inflation figures published on Wednesday may be decisive for the Reserve Bank as it weighs a February interest rate ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
The December Consumer Price Index report showed that overall inflation rose last month, driven largely by a spike in energy prices. But under the hood, a moderation in core inflation offers some ...
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
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.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.
Australia’s economic landscape is under strain as businesses, mortgage holders, and taxpayers grapple with rising costs and ...