US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

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

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

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SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...

The Reserve Bank's battle with inflation is over. So why doesn't it feel like things have improved? Data released on Wednesday showed the consumer price index lifted 2.2 percent in the last quarter of ...

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Former Lions' star receiver Calvin Johnson weighed in on that debate during an interview with USA TODAY'S Mackenzie Salmon. "Within the locker room, I'm pretty sure they kept it real tight ...

South Africa’s annual consumer price inflation (CPI) rose to 3.0% in December 2024, up from 2.9% in November, according to the lastest report from Statistics South Africa (Stats SA). This means ...

Consumer price index rises 0.5% in December quarter Annual inflation steady at 2.2% - lowest since March 2021 Higher airfares, used cars, rents drive quarterly rise offset cheaper food, petrol ...