U.S. consumer prices rose in December due to higher energy costs, leading to the highest inflation in nine months. However, ...
There are two main CPI reports published each month by the Bureau of Labor Statistics, which include both month-over-month and year-over-year price changes: The Consumer Price Index for All Urban ...
The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has gotten stuck above the Fed’s target.
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July ...
The main measure of inflation in the UK, at 2.5 per cent in December, came in 10 basis points lower than both the previous ...
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes ...
The so-called core consumer price index — which excludes food and energy ... the Fed eased policy too quickly at the end of last year. Combined with last week’s strong jobs report ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...