While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
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.
Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
The core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.
Traders of interest-rate futures on Wednesday were pricing close to even odds the Federal Reserve will cut interest rates ...
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...
The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has ...
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...