Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.
Why U.S. Consumer Prices Increased More Than Expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
January Producer Prices Rise Above Expectations
Wholesale prices remained particularly elevated in January, driven by increases in both final demand and core prices.
Did prices jump in January? Inflation report will provide latest update on consumer costs.
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9 percent from a year ago, according to economists surveyed by FactSet.
US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens from here.
US consumer prices climb 0.5% in January, annual inflation rises to 3%
Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest rate cuts. The consumer price index (CPI), which tracks the cost of goods and services across the economy,
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
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Prices ticked higher in January, led by eggs, rent and car insurance
Inflation picked up speed in January as the cost of rent and home ownership continued to rise. The Bureau of Labor Statistics ...
Wholesale prices jump to a 3.5 percent annual increase
Wholesale prices moved up 0.4 percent in January to hit a 3.5 percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter ...
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Consumer Price Index: Inflation Ticks Up To 2.9% In December
According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year ... the year the government first began tracking core inflation.
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Bitcoin, Ethereum Drop as US Reports Inflation Rose to 3% in January
Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...