News

U.S. consumer prices rise slightly; underlying inflation muted

  • Lucia Mutikani--Reuters
  • published date: 2020-01-14 14:14:08

U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year.

WASHINGTON (Reuters) - U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year. The Labor Depar… [+3632 chars]