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

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

New inflation data out Wednesday showed headline consumer prices rose as forecast in December as core prices showed some easing with the Federal Reserve's path forward in focus. The latest data from ...

A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.

Key statistics The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Statistics South Africa (Stats SA) has recorded an increase in the Consumer Price Index (CPI), with data showing that ...

Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.

Japan's core consumer inflation likely accelerated in December, boosted by higher energy costs, while the Bank of Japan is seen raising rates next week, a Reuters poll showed on Friday.

Statistics South Africa (Stats SA) has recorded an increase in the Consumer Price Index (CPI), with data showing that inflation increased in December to 3%, from 2.9% in November 2024. "At the end of ...