The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
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US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
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Inflation worries were re-ignited after consumer prices rose faster than expected in January, with Wall Street experts expecting caution from the Federal Reserve while keeping a wary eye on further ...
It’s not just eggs.Many commonly purchased goods and services got more expensive in January, driving inflation in the ...
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.