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

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

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...

U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.