Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
WASHINGTON (AP) — U.S. inflation ... inflation has become stuck above the Fed’s 2% target after a steady decline in 2023 and for much of last year. Such concerns have sent interest rates ...
A hotter-than-expected US CPI report could affirm expectations of just one Fed rate cut this year or prompt markets to price ...
An outbreak of avian influenza, known as bird flu, in the U.S. has ... % on a monthly basis in December, after having been stuck at 0.3% a month since August. The annual core inflation rate ...