Did inflation slow again in January? Here's what CPI report shows.
20 hours ago · Core inflation, which strips out volatile food and energy items and is watched closely by the Federal Reserve because it reflects more sustainable trends, climbed 0.4% following a 0.2% bump the ...
Did prices jump in January? Inflation report will provide latest …
1 day ago · WASHINGTON (AP) — Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year. 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.
Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay
20 hours ago · 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 ...
CPI Inflation Was 3% In January As Egg Prices Shot Up 15
20 hours ago · Still, it’s come down considerably since headline CPI inflation peaked at a four-decade high of 9.1% in 2022, and January was the seventh consecutive month with inflation below 3%.
Inflation Unexpectedly Heated up in January, CPI Data Showed
21 hours ago · New CPI data showed inflation heated up at the start of the year. CPI increased 3% in January from a year ago, higher than the 2.9% forecast. On Tuesday, Fed chair Jerome Powell said that the ...
US inflation heats up to 3% for first time since June
20 hours ago · Consumer prices rose 0.5% from December, resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest Consumer Price Index data released Wednesday ...
Inflation report for January to show U.S. price growth remains …
1 day ago · Inflation report expected to show U.S. price growth remains elevated, posing challenge to Trump At the same time, a growing chorus of economists say risks of a broader slowdown are climbing.
Inflation Rose to 3% in January, Hotter Than Expected
January is often the moment many businesses choose to raise prices. Photo: David Paul Morris/Bloomberg News The fight against inflation continued to face headwinds in January, with consumer prices ...
Inflation ran hotter than expected in January, complicating the …
Feb 13, 2024 · Consumer prices rose 3.1% in January from a year earlier, the government said on Tuesday. Economists had expected January prices to rise at a 2.9% pace from a year ago, according to FactSet. Even...
January Inflation Report - The New York Times
Feb 13, 2024 · Consumer prices rose 3.1 percent in the year through January, only a slight moderation from the previous month. Excluding food and energy, “core” prices held roughly steady. A key inflation...