Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...

Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...

Julia Coronado, MacroPolicy Perspectives founder, and CNBC’s Steve Liesman, joins CNBC's 'The Exchange' to discuss the latest ...

U.S., Arab and Israeli officials all tell CBS News that Israel and Hamas have agreed in principle to a ceasefire and ...

More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...