The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
According to BLS, natural gas prices in the metro Atlanta area were up almost 15% while gasoline rose nearly 4%, though ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...