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

New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some easing with the Federal Reserve's path forward in focus. The latest data from ...

The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...

New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a "core" basis, which strips out the more volatile costs of food ...

US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above ...

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...

Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...

Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...

The good news is inflation seems to be settling just under 3%. Prices rose just 2.9% over the 12 months ending in December, according to the monthly Consumer Price Index released by the U.S ...

A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.