Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said.
Following the report, the odds of a quarter-point rate hike at the FOMC's upcoming meeting rose from about 72.4% yesterday to ...
A sharp spike in energy costs pushed the consumer price index higher in August, fueling the odds of a Federal Reserve rate ...
The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike ...
Core services CPI +4.0% annualized, Core CPI +3.5% annualized, all-items CPI +4.9% annualized in August, from July. Read more ...
The latest CPI report showed inflation accelerating in August, with gasoline prices responsible for a significant part of the monthly rise.
The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
The August inflation report was a cheerful one; not only was the headline inflation unchanged, but core inflation dropped.
Consumer prices rose 3.4% in August, matching economists' estimates as the Fed weighs whether to hike benchmark interest ...
Crude prices retreated from a sharp weekly surge tied to Middle East tensions, while the 10-year Treasury yield backed away ...