Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...

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

November Consumer Price Index (CPI) numbers, which help determine the ongoing rate of inflation, came in exactly as expected. Pre-market futures jumped on the news. The Dow is currently +91 points.