Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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 ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...
After hovering around 2% for years before the pandemic, the cost of living surged in 2021 and hasn't returned to that level ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
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