The Federal Reserve on Wednesday opted to hold interest rates steady amid rising inflation, ending a streak of lowering rates ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
This change, known as rebasing the Consumer Price Index (CPI), is more than just a technical update—it’s about understanding ...
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...
According to a recent Social Security COLA survey by The Motley Fool that asked 2,000 retirees about the COLA, 81% of ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated ...
Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...
Unfortunately for inflation-weary consumers, 2025 won’t bring any immediate reprieve as food costs are projected to continue rising due ... Statistics’ consumer price index summary.
Energy costs drove much of the increase, with gas prices up by 4.4 percent from November. Other factors contributing to the rise include continued increases in rent, higher used car prices, and rising ...
WASHINGTON — After two straight years of sharp gains, the upward momentum slowed in the Consumer Price Index for baked foods and cereal products. The index increased 0.5% in 2024, which followed gains ...