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.
US Inflation Rises To 3 Pct In January - Report
The US inflation jumped in January on the back of higher prices for consumer staples like groceries and energy by 3 perc
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,
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 ...
US Dollar gives up gains despite strong CPI data
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...
Business Times2d
US inflation tops forecasts, bolstering case for Fed to hold
US INFLATION picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
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 ...
EUR/USD declines as hotter-than-expected US CPI lifts US Dollar
EUR/USD dives vertically to near 1.0320 in Wednesday’s North American session after failing to revisit the key resistance of ...
The price of eggs just hit an all-time high. Here’s how the cost of everyday consumer goods is changing under the Trump administration.
Using Consumer Price Index data, the Tribune is tracking 11 everyday costs for Americans and how they are changing under the ...
US inflation rises broadly, further denting rate cut prospects
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
The Punch Newspapers25d
Rebased CPI to reflect current price volatility – NBS
The statement noted that the exercise is vital to ensure that the CPI basket, which tracks the prices of goods and services, accurately represents present-day spending habits. It noted that the ...