Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Social Security beneficiaries have received annual cost-of-living adjustments (COLAs) tied to a subset of the Consumer Price ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
Despite recent declines, inflation is still the No. 1 concern on voters’ minds, given the years of cumulative price growth.
Prices for goods and services continue to rise more slowly here than in most big cities, with metro Phoenix posting a 1.6% ...
The Labor Department releases its producer price index for December on Tuesday. The index measures inflation at the wholesale level, before businesses pass costs on to consumers. Economists predict ...
Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.4% from the ...
While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed ...