US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
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