Inflation hits 3% in January
(CNN)– Inflation climbed again in January hitting 3% for the first time since June 2024. According to data released on Wednesday, consumer prices rose half a percent from December to January. Economists were expecting a rise of three-tenths of a percent and had predicted the annual inflation rate to land at 2.9%.
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
2don MSN
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A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
Inflation perked up more than anticipated in January. Wednesday's consumer price index reading showed that the Fed’s battle ...
There's been an active debate over how government spending contributes to inflation, especially in thee years since the COVID pandemic.
Tariffs proposed by President Donald Trump could disrupt supply chains and stoke inflation, much like the cascade of price ...
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