U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.

A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.

Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...

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

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...

U.S. stock futures were surging on Wednesday morning after the consumer-price index report showed inflation ticked up 0.4% in December, higher than the 0.3% forecast. But core inflation, which omits ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

While the consumer price index for December rose at a faster-than-expected pace, markets seized on the core CPI, which ...