Another risk for policymakers: the “January effect,” or the resetting of consumer prices for things like rents and other services, which could fuel hotter inflation at the beg ...
While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An ...
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Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...
But what exactly does this new inflation report mean for borrowing rates — and for mortgage rates, in particular? Below, we'll break down how this new data could impact homebuyers and homeowners ...
This prompted economists to argue the Fed likely won't be cutting interest rates anytime soon. And if anything, it puts more pressure on inflation data to show cooling before the central bank ...
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