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

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.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

With the December CPI report now a matter of record, we turned to economists, strategists and other experts for their thoughts on what the data means for markets, macroeconomics and monetary ...

Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024.

A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.

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.

Core inflation was forecast to rise 0.2%, keeping the annual rate steady at 3.3%. CPI increased 0.4% for the month after rising 0.3% in November. Core CPI climbed 0.2% after rising by 0.3% in ...

Inflation is a hot topic of conversation. The past few years, consumers have been digging even deeper into their pockets for everything from groceries and car insurance to rent and ...