Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes ... The CPI started this past year at 3.1%, jutted higher in March — an increase feared as a reacceleration ...

The US Dec CPI rose to +2.9% y/y from +2.7% y/y in Nov ... February gold (GCG25) Wednesday closed up +35.50 (+1.32%), and March silver (SIH25) closed up +1.180 (+3.89%). Precious metals on ...

Options traders whipsawed by the stock market’s recent gyrations are getting anxious that more bouts of volatility may arrive in the coming days, starting with Wednesday’s report on consumer prices.

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for ...

(Bloomberg) -- US consumer prices rose in December by ... The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight ...

Citigroup Inc.’s head of US equity trading strategy. That’s the largest implied move ahead of a CPI print since the regional bank turmoil in March 2023.

WASHINGTON (Reuters) -U.S. consumer prices increased by the ... tariffs that could begin rolling out next week." The consumer price index rose 0.4% last month, the largest gain since March ...