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Inflation Heated Up in Jan., Freezing Fed
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails the prospect for Federal Reserve rate cuts anytime soon.The Labor Department said Wednesday that prices rose last month 0.
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated to 3.0%, the highest rate since June 2024.
Analysis-Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising the threat of a hike.
Inflation, consumer price index
Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The arguably more important measure of core inflation, which excludes price changes in the often volatile food and energy categories, increased 3.3% year-over-year in January, higher than forecasts of 3.1%. And core prices rose 0.4% from December to January, compared to estimates of 0.3%.
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda.
Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet. If accurate, it would be unchanged from December and up from a 3 1/2 year low of 2.4% in September.
10h
on MSN
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
12h
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 ...
9h
on MSN
Fed's Powell heads back to Congress as data shows inflation jump in January
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is ...
9h
on MSN
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for ...
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