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% ...
Investors and traders were bracing for Wednesday’s consumer-price index report for January to mostly reflect either little ...
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird ...
During that time, Social Security retirement benefits have also experienced a change. In 2005, the average monthly Social ...
The Dow Jones Industrial Average (DJIA) tumbled on Wednesday,dropping over 400 points at its lowest and dipping into 44,090.
It's getting harder and harder to pretend the inflation problem isn't a problem. CPI was up on an annual basis for the fourth ...
U.S. stock indexes were tumbling on Wednesday morning after January's hotter-than-expected CPI inflation report sent the 10-year Treasury yield to its highest level in nearly three weeks. The Dow ...
US inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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