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 Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core ...