This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
Housing cost increases have settled back down to pre-pandemic levels, providing some hope that inflation could slow this year despite surging costs for food, energy, and other necessities.