January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
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.
The 0.5% price increase from December to January marked the worst month-over-month inflation since August 2023. Egg Prices ...
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since ...