US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.
Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.
CPI: U.S. consumer prices rise 0.5% in January; egg prices spike 15.2%
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird flu, the U.S. Bureau of Labor Statistics reported Wednesday.
Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
Wholesale Inflation Rose in January More Than Expected
America’s inflation headache isn’t going away soon, as a report on wholesale prices released Thursday showed them rising in January by 0.4%, more than expected. For the year, the producer price index increased by 3.
CPI preview: How does inflation typically move in January?
The US Bureau of Labor Statistics (BLS) will release January's Consumer Price Index (CPI) data on Wednesday, its monthly ...
US inflation heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
January CPI Data: The Fed Should Be In A Hurry To Pause Rates
CPI data shows rising inflation at 0.5% MoM, 3.0% YoY. Market reacted with Treasury yields up, equity futures down. Click for ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Gold price advances as US CPI heats up
If XAU/USD clears the $2,900 mark, key resistance is at a record high, followed by the psychological price levels of $2,950 ...