Despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like inflation, a budget ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in December, after rising 0.3 percent in November, the U.S. Bureau of Labor Statistics ...
A subdued December producer-price index reading Tuesday morning brought a modicum of relief to investors stressed out over the prospect of a re-acceleration of inflation, but it's the December ...