U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.

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

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

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

U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...

Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...

A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...

A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

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

The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...

U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...