The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

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

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

Key statistics The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...

This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...

The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations ...

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...