Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
CNBC's Steve Liesman reports on what inflation means for the Federal Reserve. NASA satellites captured a "phantom island" ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...