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

The December Consumer Price Index report showed that overall inflation rose last month, driven largely by a spike in energy prices. But under the hood, a moderation in core inflation offers some ...

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 ...

Suffice to say the hotter-than-expected inflation print complicates those forecasts. With the December CPI report now a matter of record, we turned to economists, strategists and other experts for ...

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.

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 ...

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.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

December CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Stock market futures surged, with the Dow up 600 points ...

The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff ...

The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...