CPI Report Keeps the Fed on Track

New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for ...
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more ...