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 reports highest month-over-month inflation increase since August 2023
The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month increase since August 2023.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance, auto repairs and health care have continued to rise in part because of the delayed effects of pandemic-related vehicle shortages or wage increases.
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.
CPI caveat: January is a tough month to get a read on inflation
Tracking the increase in prices in the U.S. economy is a tough job under any circumstance, but it’s even tougher in January. How come? Many companies typically raise prices just once a year, and for those that do,
US consumer prices increase more than expected in January
WASHINGTON: US 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.
Inflation heats up more than expected in January CPI
Consumer Price Index rose 0.5%, accelerating from +0.4% in December and hotter than the +0.3% consensus, according to data released by the U.S. Bureau of Labor Statistics on Wednesday
Inflation Higher Than Expected in January
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
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.
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some prices,
CPI: U.S. consumer prices rise 0.5% in January; egg prices spike 15.2%
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird ...
CPI inflation report wasn't all bad. Here's one silver lining.
Inflation showed no letup in January, but a key source of rising prices in the past few years suggests the news is not all bad. The cost of shelter, which accounts for 35% of the consumer-price index, ...
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 ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
This Week's CPI Report May Shock Markets
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.