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.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
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 ...
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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