This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
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 Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...