US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in December accelerated, while the ...
New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Gold futures soared on the back of yesterday’s December CPI data, climbing by $29.50 to settle at $2,722.60 for the most ...
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