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 ...
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 Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
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