Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
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 ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
The consumer price index, commonly referred to as CPI ... According to the Labor Department’s most recent report, CPI in December was 2.9% higher than one year prior and 0.4% higher than ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
The U.S. Bureau of Labor Statistics issued the December Consumer Price ... cut after Wednesday's report. There have been conflicting data. The December Producer Price Index report showed inflation ...