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.
Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...
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Key Fed measure shows core inflation at 2.8%, in line with expectations
Though the Fed considers both readings, historically officials have seen core as the better gauge of long-run inflation. On a monthly basis, headline PCE rose 0.3% while core increased 0.2% ...