The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...

WASHINGTON — U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday's report from the Labor ...

US stocks rallied sharply on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street banks. The sell-off in bonds also got some relief as the 10-year Treasury ...

The RBI was expected to start an interest rate cut cycle in the second half of 2024 as it had projected inflation to average 4% — its median target — through July-September. Yes, the National ...

U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s report from the Labor Department ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

Selcuk Acar / Anadolu / Getty Images Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists ...

This served as a positive sign for many following inflation trends coming into the new year. Inflation is top of mind for many Americans, as rising costs of groceries, energy and other goods ...

The European Central Bank’s 2% inflation target is in sight, according to President Christine Lagarde. “We have made significant progress in 2024 in bringing down inflation and hopefully 2025 ...

Inflation has been one of the top concerns for the US economy in 2024. And it looks like fears over sticky prices will continue in 2025. "We expect a gradual deceleration from where we are, but to ...

From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation. (Although the carton of eggs would like to disagree). The prices of everyday goods and services were up 2.5% from ...

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...