Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

CBS News business analyst, Jill Schlesinger talks about the December CPI data report released today A Philadelphia sports fan ...

A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...

Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...

Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...

Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...

A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...