Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

Economists expect the consumer-price index, due this morning, to show inflation running at a 2.9% annual clip in December, up from 2.7% a month earlier. With that in mind, here's how inflation has tra