The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Key statistics The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement were Food and non-alcoholic beverages (+2.7%), Alcohol and tobacco (+5.8%),

Egg prices are already high, but officials say they are only going to go up more in 2025. Here's how much you could pay and why they are so expensive.

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

Statistics South Africa (Stats SA) released the latest figures on Wednesday morning, including the average inflation for last year which came at 4.4%.

Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.

Consumer inflation slightly increased to 3% in December from 2,9% in November. The Consumer price index affects the cost of an average household food basket. Statistic South Africa’s Patrick Kelly, Chief Director for Price Statistics, says the main contributors were housing and utilities at 4.4% and miscellaneous goods and services at 6.6%

New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.

Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

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