Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Rising transportation costs are still a big source of inflation. Americans have gotten socked in the past three years by higher prices for transportation - and there's not much relief in sight. These ...
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...
Bitcoin surged 2% to $98,500 after a surprise dip in core inflation. Investors cheered CoinDesk data showing a rebound amid ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ...
The core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has ...