The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
Inflation sped up in December as expected, marking the third consecutive month of acceleration. The consumer price index, an inflation measure, increased by 2.9% over the year that ended in December.
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.