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.

December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...

CBS News business analyst, Jill Schlesinger talks about the December CPI data report released today A Philadelphia sports fan ...

A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...

A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.

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 released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

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

Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...

U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...