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.
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
CPI data is one of the Fed’s measurements of our economy’s health and whether policy changes are needed. Depending on how the prices of consumer goods and services shift over time, the Fed may ...
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 ...
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...
Using Consumer Price Index data, the Tribune is tracking 11 everyday costs for Americans and how they are changing under the ...
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