CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
December CPI Report: Core Inflation Is Lower Than Feared
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,
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
What the new inflation report means for mortgage rates
A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Bonds Have Banner Day as Inflation Report Revives Fed-Cut Bets
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts.
Futures rise after December CPI data
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
CPI Inflation Hurt More In December But With A Silver Lining
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
Instant view: Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Inflation pressures continue ahead of CPI and PPI prints
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.