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 Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
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 consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
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 ...