US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. This was in line with the median forecast ...
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
US consumer prices showed no signs of cooling in December amid higher costs for energy goods, but the Federal Reserve’s preferred inflation gauge dipped — leading to a rally on Wall Street. The ...
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s report from the Labor Department showed ...
The latest Consumer Price Index (CPI) figures for December have rattled markets, throwing the Federal Reserve’s inflation strategy into question. The U.S. Department of Labor reported a 0.4% increase ...
There were, however, some hopeful signs in the fight against inflation, with the report from the Labor Department on Wednesday showing a measure of underlying price pressures subsiding after barely ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. This was in line with the median forecast ...
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