Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
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Consumer Price Index shows inflation heated up in JanuaryThe Consumer Price Index rose 0.5%, while a measure that strips out energy and food rose 0.4%, the Labor Department said on ...
Wall Street's best-known gauge of fear and uncertainty was still indicating low volatility on Thursday, even after a ...
Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens from here.
Investors and traders were bracing for Wednesday’s consumer-price index report for January to mostly reflect either little ...
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for ...
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