CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
The latest inflation report shows that high prices are Trump’s major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
U.S. inflation worsened last month with the cost of groceries and gasoline rising
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
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Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
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Egg prices spike, other food costs rise in newly released consumer data
The cost of food rose in January by 0.4% with eggs seeing the biggest price hike they've seen in nearly 10 years, according ...
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Cost Inflation Index Update FY 2024-25: Key Changes Explained
How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...