Inflation ticked higher in January as stubbornly high prices continued to strain Americans' household finances as the Federal Reserve weighs a continued pause to its interest rate cut plans.

energy prices stoke gains Fed cuts seen less likely in first half of year Stocks sink, yields surge after hot CPI report ...

The Bureau of Labor Statistics reported that the Consumer Price Index rose 3.0% in January from year-ago levels, an uptick from December’s 2.9% rate. Year-over-year core CPI (which excludes ...

Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.

Traders and investors are closely monitoring the upcoming inflation data set to be released later this week, with both the Consumer Price Index and Producer Price Index in the spotlight.