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.
Explore why inflation forecasts remain challenging as persistent overshooting raises questions about the Fed's strategy. Read ...
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Inflation rose in January as prices for groceries and housing picked upInflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
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 ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
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, ...
US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump’s tariffs could reignite the ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
Consumer prices in France were up 1.8% year-on-year in January, statistics office INSEE said on Tuesday, in line with ...
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