The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

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

The Consumer Price Index (CPI) is the most widely used metric for consumer inflation changes over time and utilizes data based on consumer buying habits from a broad sample set of the population.

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

The overall Consumer Price Index increased by 0.4 percent for December ... make policy changes in the basis of a single month’s data (including the most recent employment report).

December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline ...

While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...

However, he notes that the CPI data should continue to show gradual deceleration from the roughly 5% pace of 2024, representing nearly 40% of core CPI. At Bank of America, economists expect a ...

The Consumer Price Index 0.4% M/M in December, matching the consensus and slightly accelerating from the 0.3% increase in the previous month, according to U.S. Bureau of Labor Statistics data ...

It was the first time since July that year-over-year core CPI saw a deceleration in price growth. The print is the latest economic data that the Federal Reserve will consider before its next ...

Excluding volatile food and energy components, core CPI increased 3.2% on an annual basis, compared with an expected 3.3% rise, the U.S. Bureau of Labor Statistics said on Wednesday. "Core CPI ...