Inflation leaped 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Trump rolls out myriad import tariffs.
Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest rates anytime soon.
CPI inflation shock hammers Fed rate cut bets for 2025
U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price pressures stayed stubbornly elevated even before the impact of new trade tariffs put in place by President Donald Trump.
Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The Consumer Price Index unexpectedly ticked higher from a year earlier,
US Core Inflation Seen Rising at Firm Pace in January
Inflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach to lowering borrowing costs.
Inflation Was 3% In January As Egg Prices Soared 15%
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month ...
U.S. inflation worsened last month with the cost of groceries and gasoline rising
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
US inflation rose higher-than-expected 3% in January, dashing hopes for interest rate cuts
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
Inflation remained stubbornly high in January, new data expected to show
Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald ...
Inflation picked up in January. Here's what it means for your money.
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Today's Mortgage Rates | Stubborn Inflation Should Keep Rates High for Now
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Egypt annual inflation rate inches down to 24% in January
Egypt's annual urban consumer price inflation rate inched down to 24% year-on-year in January from 24.1% in December, data ...
US inflation heats up to 3% for first time since June
The cost of food and energy continued to climb in January, hitting 3% for the first time since June 2024, pushing the cost of living higher for Americans.