The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The consumer price index was unchanged in December, and the inflation rate for some consumer staples like food and ...
US inflation firmed in August, with headline CPI rising 0.38% and core CPI up 0.3%, both near consensus expectations. Markets responded calmly: S&P 500 futures edged higher, Treasury yields fell, and ...
Inflation cooled for a third straight month in January as the headline figure for the Consumer Price Index came in at 2.4% year-over-year.