The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...

The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...

However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full display in 2024. The CPI started this past year at 3.1%, jutted higher in ...

Matt Stone / MediaNews Group / Boston Herald via Getty Images The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November. Core inflation rose 3.2% over ...

according to the Labor Department’s consumer price index, a broad measure of goods and services costs. That’s the third increase following six drops and it leaves annual inflation at the ...

Democrats and Republicans in the legislature have competing visions for how to account for increases in inflation for ...

On 30 June, CBS published a background article explaining in more detail what this switch means for the CPI, the inflation rate and the use of the CPI for indexation purposes. Lithuania 0.9 Finland ...

A cooler-than-expected reading on underlying consumer price inflation ... headline CPI rose 2.9%, according to the Bureau of Labor Statistics. Although inflation accelerated on a year-over-year ...

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.