Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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 Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of ...