US consumer inflation matched expectations in December, reinforcing market expectations that the Federal Reserve might keep interest rates on hold when it meets later this month. The Consumer Price ...

The 2.6% increase in "core" CPI matches the rise reported in November and equals the slowest pace of annual inflation since ...

Inflation pressures have eased, with core CPI expected to rise slightly to 2.7% in December, still near its lowest level since early 2021.

July's Consumer Price Index (CPI) inflation report on Aug. 12 cast a shadow over rising hopes that the Fed would cut rates at its next meeting on September 17. The CPI data showed that year-over-year ...