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

The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...

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.

These consensus expectations are as of 1/11, and based on Trading Economics survey. the core CPI inflation will be 0.27% MoM in December, and also 0.27% MoM in January 2025, which when rounded up ...

U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data ...

The PIIE says Trump’s threatened tariffs projected to damage economies of US, Canada, Mexico, and China: We examine what ...

LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's ...