Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

Economists are starting to model the effects of President-elect Donald Trump’s plans to raise tariffs, cut taxes and restrict ...

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...

offers market a "glimmer of hope" The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations and affirming a rate-cut trend line that ...

The consumer price index, an inflation measure ... told Business Insider. The Federal Open Market Committee could consider the new data in its interest-rate decision at the end of the month.

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.

U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...