The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline ...

From a month earlier, headline CPI is expected to hold steady at 0.3% in December. That translates to a 2.9% Y/Y rise in December, well above the Fed's 2% target and accelerating from November's 2 ...

Based on Nomura’s projections, the US core personal consumption expenditure (PCE) inflation could rise above 3% by the fourth quarter, which would make it harder for the Fed to justify early rate cuts ...

Traders are betting that there will be at least two Fed rate cuts this year, starting September the May US CPI data came in ...