Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.

Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...

The consumer price index ... complicating the Federal Reserve’s efforts to manage the situation. Sticky inflation refers to price increases for certain goods and services, such as insurance ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

Consumers and traders are waiting to learn if the Fed’s expected pause today is a one-meeting hold or the start of a longer stretch.

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