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

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.

core CPI also came in soft at 3.2% vs the median estimate of 3.3% "Today's CPI may help the Fed feel a little more dovish," writes Ellen Zentner, chief economic strategist for Morgan Stanley ...

An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s? It sure appears to be ...

Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...