Inflation rate picked up in January, CPI report shows. What it means.
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. The Consumer Price Index was forecast to rise 2.
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
Rising inflation deals blow to potential interest rate cuts
The housing market is starved for relief on mortgage rates, but hope for interest rate cuts just took a huge blow with the latest inflation figures.
Inflation climbed to annualized rate of 3% in January, Bureau of Labor Statistics reports
The annual U.S. Inflation rate increased to 3% in January, according to the federal government's Consumer Price Index Summary released Wednesday morning. The index is a broad measure of the costs of goods and services across the U.S. economy. Inflation from December 2024 to last month increased 0.05%, also according to the report.
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated to 3.0%, the highest rate since June 2024.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Donald Trump rolls out myriad import tariffs.
January PPI Report: What Investors Need to Know About Rising Inflation
A huge source of the PPI increase comes from final demand goods, representing roughly one-third of January’s increase. Fueling this was diesel jumping 10.4% and rising prices for chicken eggs. Chicken egg prices are increasing as farmers kill off flocks to hamper the spread of the avian flu.
CPI and PPI Reports Suggest the Fed May Catch a Break on January Inflation
Two major indicators this week both showed inflation running a little hotter than expected last month. But there may still be some good news for the Federal Reserve. Economists now think its preferred inflation gauge—the PCE,
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% ...
Today's Mortgage Rates | Rates Ease Back to Pre-CPI Levels
These are today's mortgage and refinance rates. Mortgage rates are back down today after spiking in response to ...
Mortgage News Daily8h
Mortgage Rates Drop to Lowest Levels Since December 17th
The final two days of the present week weren't on many bingo cards as of Wednesday afternoon.  At the time, rates were ...
CBS1d
Annual rate of change CPI; since 1963
The annual rate of change reflects changes in prices of consumer goods and services in a certain month compared with the same month in the previous year; it is the year on-year change of the ...
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 ...
Mortgage News Daily1d
Mortgage Rates Completely Reverse Yesterday's Spike
Mortgage rates jumped quickly higher yesterday following the higher inflation reading in the Consumer Price Index (CPI). Now ...
Argentina Inflation Rate Seen Hitting Milei-Era Low: Reuters Poll
BUENOS AIRES (Reuters) - Argentina's monthly inflation rate likely hit its lowest level since libertarian President Javier ...
Wholesale Inflation Rose in January More Than Expected
America’s inflation headache isn’t going away soon, as a report on wholesale prices released Thursday showed them rising in January by 0.4%, more than expected. For the year, the producer price index ...