The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.
even though a new reading did show some signs of easing. On a "core" basis, which eliminates the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the ...
Many investors are on the lookout for any signs of reaccelerating inflation in Wednesday's consumer-price index for December. Any higher-than-expected reading has the potential to reinforce the ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging sign for the Federal Reserve.
The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has gotten stuck above the Fed’s target.