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While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
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There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest ...
On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.