U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Three economic experts share their outlook on what 2025 might hold. No surprise: The incoming Trump administration is a wild ...
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...
A new Federal Reserve Bank of Cleveland analysis shows the city's job market remains below pre-pandemic levels four years ...