Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
The 0.5% price increase from December to January marked the worst month-over-month inflation since August 2023. Egg Prices ...
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Consumer prices extended a recent pattern of increases at the start of the year that likely derails the prospect for Fed rate cuts so long as the economy remains solid.
Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
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