Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...