Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.