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

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

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

The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...

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

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

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 ...

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

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...

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

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

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