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.

Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price index increased slightly less than expected, raising the prospect of another interest-rate cut.

U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.

A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July

US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.

The cost of living in the Valley has soared sharply over the last five years, but according to the latest data from the U.S. Bureau of Labor Statistics, there could be signs of relief. Prices in metro Phoenix are up 1.

The Federal Reserve cut interest rates by 25 basis points in its final meeting of the year. The Fed aims to bring inflation down to

The Labor Department said on Wednesday that inflation rose by 2.9% in December, up from 2.7% in November and the highest rate since July 2024. Biden went on to claim red states "screwed up" on ...

White House press secretary Karoline Leavitt said Tuesday that the Biden administration contributed to the high cost of eggs after directing 100,000,000 chickens be killed.

Hers set out to find how much the prices of healthy groceries have gone up in the U.S.—how much did the cost of eggs really increase in the past year?—and which items have been the most resistant to inflation to help support your healthy eating goals and your budget in 2025.

The first seven days of the Trump administration have brought new meaning to the saying that the only constant in government contracting is

New orders for key U.S.-manufactured capital goods increased more than expected in December, but business spending on equipment was likely muted in the fourth quarter after a strike at Boeing disrupted aircraft deliveries.