Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
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 ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest ...
After hovering around 2% for years before the pandemic, the cost of living surged in 2021 and hasn't returned to that level ...