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LONDON - After reaching its highest level in decades in mid-2022, inflation in the United States and the eurozone fell sharply over the second half o ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

The consumer price index (CPI) rose at an annual rate of 2.9% in December, and while the current inflation rate in the U.S.

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...