U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The full suite of tariffs sought by the administration would have created notable upward pressure for already high levels of inflation, a report said.
Groceries are up 1.8%. Meanwhile, there were some bright spots in the CPI report, such as shelter. The 4.6% annual inflation rate for housing in December was the lowest since January 2022.
The humble egg is now a source of frustration for millions of shoppers around the U.S, who face soaring prices and shortages.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
First, here’s the chart: We will get the CPI tomorrow ... Coming full circle… We have one inflation report under the belt and it was soft. It hasn’t sent stocks soaring, but neither ...
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