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.
Stagflation is when the economy stagnates, growing slowly or not at all, but still has inflation, as prices rise. Often this ...
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
The jump in US inflation last month that surprised investors was mostly due to the way the government adjusts for typical ...
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...
CPI General Secretary D Raja criticizes PM Modi's recent talks with former US President Trump, expressing concerns about ...
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