Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

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

Treasuries rallied as inflation last month eased in the US by slightly more than economist had predicted, reinvigorating some bets that the Federal Reserve will lower interest rates further this year.

A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su

Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as Wall Street weighed the CPI's implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase and Goldman Sachs.

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.

U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year.

Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in December.

Traders are feeling more confident that the Federal Reserve will cut interest rates this year after a key inflation gauge came in cooler than expected. Core consumer prices, which exclude volatile food and energy categories,

U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability to make debt payments, a survey by the New York Federal Reserve showed on Monday.