The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
Julia Coronado, MacroPolicy Perspectives founder, and CNBC’s Steve Liesman, joins CNBC's 'The Exchange' to discuss the latest ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Canada's main stock index rose on Wednesday, clawing back some recent declines, as data that showed underlying U.S. inflation ...
More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Economic activity increased “slightly to moderately” across the US in late November and December, supported by strong holiday ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...