The latest Consumer Price Index (CPI) figures for December have rattled markets, throwing the Federal Reserve’s inflation strategy into question. The U.S. Department of Labor reported a 0.4% increase ...
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s report from the Labor Department showed ...
There were, however, some hopeful signs in the fight against inflation, with the report from the Labor Department on Wednesday showing a measure of underlying price pressures subsiding after barely ...
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
US consumer prices showed no signs of cooling in December amid higher costs for energy goods, but the Federal Reserve’s preferred inflation gauge dipped — leading to a rally on Wall Street. The ...
Egg prices shot up more than 36%, as a bout of bird flu hit supply and led to shortages. But the data showed prices for other items rose by less than expected over the month, calm ...
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
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