Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
Economists expect the consumer-price index, due this morning, to show inflation running at a 2.9% annual clip in December, up ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
After hovering around 2% for years before the pandemic, the cost of living surged in 2021 and hasn't returned to that level ...