The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024.

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

The headline increase in consumer prices in December was not all that good: A 0.4% increase spearheaded by household staples such as food and gas. The cost of food rose 0.3% last month due to ...

Prices rose 2.7% in the 12 months through November, up from 2.6% for October and 2.4% as of September, according to previous CPI reports from the Bureau of Labor Statistics. Consumer-price data ...

The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December ... We provide a platform for our authors to report on investments fairly, accurately, and from the ...

The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.

Core CPI, which excludes food and energy, was up 0.3% month-over month, as expected, leaving the year-over-year rate up 3.3%, unchanged from October. There are two key takeaways from the report that ...