Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
5hon MSNOpinion
This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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US consumer inflation unexpectedly up, Trump blames BidenUS consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril ...
The cost of food rose in January by 0.4% with eggs seeing the biggest price hike they've seen in nearly 10 years, according ...
Egg prices have reached a record high in the U.S. as an ongoing bird flu outbreak that began in 2022 is making eggs terribly ...
Spot Gold recovered from an intraday low of $2,863.61 and trades above the $2,900 mark in the mid-American session. Financial markets are quite volatile in the second half of the day after multiple ...
Egg prices usually increase around Easter because of the high consumer demand during the holiday. The AP noted that the ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
The latest monthly consumer price index showed that the average price of a dozen Grade A eggs in US cities reached $4.95 in ...
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...
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