The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood Core CPI fell from November’s levels, suggesting less risk of an inflation flare-up.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, ... Inflation rose to 5-month high in December. What that means for Fed rate cuts.

Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting ...

December CPI Report Highlights. CPI report release date and time: Wednesday, Jan. 15, at 8:30 a.m. EST; The CPI is forecast to rise 0.3% in December after rising by the same amount in November.

Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded ...

U.S. consumers modestly lowered their expectations for inflation for the year ahead, while keeping longer-term expectations ...

Inflation for gasoline jumped, too: Prices increased 4.4% from November to December, according to CPI data. Consumers may not be seeing that in the real world, though: Average prices at the pump ...