Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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.
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
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 Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Household living-costs price indexes (HLPIs) provide insights into the inflation experienced by 13 different household groups: beneficiaries, Māori ...
The inflation outlook is evolving broadly in line with estimates, with significant support stemming from easing prices of ...
Retail inflation for farm and rural workers decreased in December 2024. The Consumer Price Index for Agricultural Labourers ...
Japan's core consumer prices in December rose 3.0 percent from a year earlier, the fastest pace in more than a year, as ...