A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December, ...
The latest PMI survey for December showed that firms did raise their output prices but this was for the first time in three ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
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.