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 ...
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
This change, known as rebasing the Consumer Price Index (CPI), is more than just a technical update—it’s about understanding ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...