Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for ...
The Social Security cost-of-living adjustment officially goes into effect in December of each year -- so technically speaking ...
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...
The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...
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 ...
December CPI Preview: What To Watch The headline inflation rate is projected to rise 2.9% year-over-year, according to TradingEconomics, marking an increase from November's 2.7% pace.
December's Consumer Price Index (CPI) data showed prices increased 0.4% month over month and 2.9% year over year. Core CPI, which excludes volatile food and energy prices, rose 3.2% yearly ...
Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough to keep up with rising prices. Their monthly checks don't go as far as they ...
For the record, headline December CPI increased 0.4% month over month – a slight increase over the 0.3% rate seen in each of the previous four months – to match economists' expectations.