Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
Explore why inflation forecasts remain challenging as persistent overshooting raises questions about the Fed's strategy. Read ...
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Inflation rose in January as prices for groceries and housing picked upInflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
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