Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...
Inflation sped up in December as expected, marking the third consecutive month of acceleration. The consumer price index, an inflation measure, increased by 2.9% over the year that ended in December.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
Forecasts for the December Consumer Price Index report show another month of inflation remaining stubbornly above the Federal Reserve’s target. After significant declines in 2023 and most of ...
The Bank of Japan will aim to sustainably achieve 2% inflation as measured by the overall consumer price index, Governor ...
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