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 decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are ...
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback