Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
CNBC's Steve Liesman reports on what inflation means for the Federal Reserve. NASA satellites captured a "phantom island" ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The better-than-expected core CPI data sent the Dow Jones surging more than 700 points after Wednesday’s opening bell as ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely-watched measure eased ...