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Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting ...
The consumer price index rose 2.9% in December from a year ago, Wednesday’s report from the Labor Department showed, up from 2.7% in November. US inflation picked up in December but underlying ...
A separate report from the Labor Department's Bureau of Labor Statistics showed the employment cost index (ECI), the broadest measure of labor costs, gained 0.9% in the fourth quarter after rising ...
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
A closely watched report on US inflation showed consumer price increases ticked lower on an annual basis during the month of September but "core" prices remained sticky, according to the latest ...
The latest inflation data is unlikely to shift the Fed’s plans for eventually cutting interest rates. Central bankers including Powell have signaled that achieving 2% inflation will be a bumpy path.