Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The headline increase in consumer prices in December was not all that good: A 0.4% increase spearheaded by household staples such as food and gas. The cost of food rose 0.3% last month due to higher ...
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024. Wall ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.