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.
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January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
A small amount of inflation is normal and is seen as good for the economy by most economists. The Federal Reserve aims for inflation of 2% over the long run, and for much of the last 20 years, the U.S ...
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of ...
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained ...
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda. A key gauge of ...
Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
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