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.
A chunky rise in the headline inflation rate will be unwelcome for those hoping for lower interest rates but underlying ...
CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Both the annual and headline CPI figures were hotter than the estimates of economists polled by LSEG, who had predicted inflation would rise 0.3% on a monthly basis and 2.9% from a year ago ...
Australia's central bank expects underlying inflation to fall faster than previously expected as it downgraded the economic ...
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