Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
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.
December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline ...
Prior to December's print, core CPI had been stuck at a 3.3% annual ... like higher fuel costs and continued stickiness in food inflation kept the headline figures elevated. Core inflation has ...
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 Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The inflation outlook is evolving broadly in line with estimates, with significant support stemming from easing prices of ...
Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s? It sure appears to be ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Inflation was steady at 2.9%t in January as a decline in rice prices – a first in more than three years – and slower increase ...
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