Dec CPI rises a touch above expectations, keeps Fed on track

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...