The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Inflation moved up for the third month in a row, rising two-tenths of a percentage point to 2.9% for the year ending in December, adding to signs that the Federal Reserve may have to keep interest ...
The rate of inflation unexpectedly fell slightly to 2.5% in December in a surprise boost to embattled Rachel Reeves, official figures reveal today. That was a slight drop from 2.6% in November and ...
Wages slightly outpaced inflation, meaning the typical American gained back some of the buying power lost in 2021 and 2022. The consumer price index, the top measure for consumer inflation in the ...
Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...