Traders and investors are closely monitoring the upcoming inflation data set to be released later this week. See what SA ...

Core CPI also rose 0.2%, below the November increase of 0.3%. Economists expected consumer prices to rise 0.3% on a monthly basis in December, and for the annual inflation rate to rise to 2.8% ...

That lifted the 12-month headline inflation rate to 2.9%, which matched expectations. The core CPI rose 0.2%, as expected. However, the 12-month core inflation rate unexpectedly dipped to 3.2% ...

Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated. Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.