The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...
The Fed has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...
Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...
U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability ...
There's a record gap between new and old mortgage rates in the U.S. and abroad that is blunting the impact of central-bank ...