Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...

The headline increase in consumer prices in December was not all that good: A 0.4% increase spearheaded by household staples such as food and gas. The cost of food rose 0.3% last month due to higher ...

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Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.

Energy costs jumped in December, with the acceleration accounting for 40% of the total increase in the consumer price index ...