The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...

U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.