The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, ...
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...