Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some ...
Inflation heated up more than expected in January, as prices for groceries ... 5 percent on a monthly basis from December, the biggest increase since August 2023 and above the 0.3 percent rise ...
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
That’s a significant development because housing costs have fueled inflation more than any other category, making up 35% of overall price increases in January. Inflation slowed through much of ...
In January 2022, inflation, as measured by the CPI-U, posted its biggest 12-month increase since February 1982. The 12-month increase was 7.5%, up from 7.0% in the period through December 2021.
"But other inflationary pressures look like businesses resetting prices higher at the turn of the year to pass on increased expenses they felt in 2024." "The Fed will see January's hot inflation ...
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...
The consumer price index rose 3% for the 12 months ended in January, the U.S. Bureau of Labor Statistics reports. Inflation increases were broad-based in January, economists said, including for ...
January is the fourth-straight month in which inflation has ticked up, rising from a 2.4 percent increase in September. Shelter costs rose 0.4 percent on the month, climbing to a 4.4-percent ...