The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

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US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

"Inflation base effects are much friendlier in the next four months than they were in the last four," said FHN Financial Chief Economist Chris Low. "Inflation should drop." "Even if it does ...

(RTTNews) - After ending yesterday's volatile session mostly higher, stocks are seeing further upside during trading on Friday. The tech-heavy Nasdaq is leading the charge, further offsetting the ...

(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December. The report ...

Inflation data and Trump’s tariff stance could shift market dynamics this week. Key resistance around 1.0460 will be... Week Ahead: US NFP, FOMC Minutes, Services PMI, Inflation from China ...

"Inflation base effects are much friendlier in the next four months than they were in the last four," said FHN Financial Chief Economist Chris Low. "Inflation should drop." "Even if it does ...

Add the white wine and reduce; Put the risotto rice and chicken stock in the pan and bring everything to the boil; Cook for seven minutes on a high heat and then drain the risotto base in a sieve ...

FORT STWEART, Ga. (WTOC/Gray News) – Two U.S. Army soldiers were killed during a nighttime training accident in Georgia, the military said Friday. According to officials at Fort Stewart, the two ...