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.

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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"Once someone gets through, it's taking an average of 15 minutes to deal with their call, which could be a result of more complex queries and more people getting dragged into the UK tax system ...

She'd joined the growing number of people - 15,000 by the latest estimate ... less than men' Women trust the Bank of England with inflation less than men, according to a study.

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 ...

January 14, 2025 • Syria's new rulers faces one of their first serious challenges: bread lines. For Syrians, the long wait is a struggle — but for some, bread is a business opportunity.

“This is going to be a mess,” she said. (AP video: Mike Householder) People shop at a retail store on Black Friday, Nov. 25, 2022, in New York. (AP Photo/Julia Nikhinson, File) National flags ...