The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Federal Reserve's monetary policy decisions will significantly influence the way CD interest rates move in 2025.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging ...
Slowing inflation prompted futures traders to increase the odds that the Federal Reserve will trim the main interest rate ...
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Getting a college degree can increase your chances of having a higher lifetime income. Learn how a college degree can help ...
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Carvana faces challenges as subprime delinquencies rise and consumer spending slows. Learn why CVNA stock could struggle with ...