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Shelter moderates, food remains sticky. Notable callouts from the inflation print include the shelter index, which rose 4.7% on an unadjusted, annual basis, lower than October's 4.9% increase.
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July.. On a "core" basis, which strips out the more volatile costs of ...
Average mortgage rates march lower as of Monday, February 10, 2024, as the market awaits key inflation data for January, starting with the consumer price index — the most widely used measure of ...
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with inflation data indicating a continued decline from a peak of 9. ...
Consumer prices rose 0.5% from December — the fastest pace since September 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest ...
The U.S. Bureau of Labor Statistics on Wednesday released its Consumer Price Index, a key marker of inflation, which jumped 0.4% in December, part of a 2.9% increase over the last year.
In fact, the Fed’s December meeting minutes showed officials believed inflation could take longer than anticipated to reach their 2% goal, citing stickier-than-expected inflation data since past ...
A key set of inflation prints will serve as the final fodder for investors leading into the Federal Reserve's Dec. 18 interest rate decision. 2 key inflation prints loom ahead of Fed rate cut ...