Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
There's even a CPI subset that tracks the costs of a basket of goods more representative of senior's spending, called the CPI-E. But this is the system we use for now. The result for 2025 is a 2.5 ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...