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.
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda.
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.
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 increased by 3.
India's January wholesale inflation steady at 2.31% y/y
India's wholesale inflation in January remained steady at 2.31% year-on-year, from 2.37% in December, government data showed on Friday, on moderation in food and fuel prices. The wholesale inflation rate,
Is Inflation Fever Rising, Or Is It Just A 'Seasonal' Flu?
Key Takeaways Hotter-than-expected inflation in January may be partly due to a data quirk resulting from the Bureau of Labor ...
The latest inflation report shows that high prices are Trump’s major economic challenge
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US inflation heats up to 3% for first time since June
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Donald Trump's Pledge to Lower Costs on 'Day One' is Unraveling
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The Trump trade isn't going as planned this year
Stocks, Treasury yields, and the dollar are down for the year, bucking expectations that they'd all rally.
Trump orders up a plan for more tariffs, even as inflation heats up
President Donald Trump doubled down on his extraordinary push for more balanced trade, announcing on Thursday a round of new, ...
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Could Tariffs Push Interest Rates Higher? Here's What It Means for Your Wallet
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
Trump Unveils ‘Big’ Reciprocal Tariffs: What To Know About The Policy—And Its Inflation Impact
4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, ...
Americans, including Republicans, now fear higher inflation this year
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...