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

The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.

The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...

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

The consumer price index, an inflation measure ... told Business Insider. The Federal Open Market Committee could consider the new data in its interest-rate decision at the end of the month.

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

offers market a "glimmer of hope" The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations and affirming a rate-cut trend line that ...