The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation remaining elevated above the Federal Reserve's 2% target as data collection disruptions from the government shutdown linger.The consensus forecast compiled by FactSet estimates that headline inflation rose 0.3% on a monthly basis in December and 2.6% year-over-year, while core inflation, that excludes more volatile food and energy prices, rose 0.26% for the month and 2.6% from the prior year.Economists are warning that the 43-day government shutdown that ended in mid-N...

3 weeks ago

On HALO