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 latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items ...
The higher-for-longer narrative returned with a vengeance Wednesday as new inflation data came in hotter than expected, and ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
Thanks for joining us today. Here are five key takeaways from the January CPI inflation report: ...
The latest Consumer Price Index report says thatU.S inflation accelerated all across the board.In just the last month, the ...
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture ...
Wall Street's best-known gauge of fear and uncertainty was still indicating low volatility on Thursday, even after a ...
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