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 according to nowcasts.
A cooler-than-expected reading on underlying consumer price inflation ... For the record, headline December CPI increased 0.4% month over month – a slight increase over the 0.3% rate seen ...
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 ...
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...
A surprise deceleration in core inflation, however, offers market a "glimmer of hope" The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding ...
The latest Consumer Price Index (CPI) reading saw prices rise by 0.4% monthly and 2.9% annually in December, the inflation data in line with economist expectations. Core CPI — which excludes ...
Over last year, core CPI rose 3.2%. Until the latest print ... Wednesday's better-than-expected inflation reading showed one particularly promising sign for the Federal Reserve.
The monthly gain of 0.4% in the consumer price index was a little above the 0.3% reading in November and the consensus estimate of economists. The yearly rate, at 2.9%, matched forecasts and was ...