Hot Jan US CPI Surprise Hurts Case for Fed Ease Soon
The CPI jumped 0.5% last month after gaining 0.4% in December, the Labor said on Wednesday. In the 12 months through January, it increased 3.0% after advancing 2.9% in December. Economists polled by Reuters had forecast the CPI gaining 0.3% and rising 2.9% year-on-year.
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird ...
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat ...
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
S ofter vegetable prices, especially that of kitchen staples, helped ease retail inflation to a five-month low of 4.31% in ...
The sharp increase in consumer prices in January leaves the Federal Reserve in a holding pattern. The trend in inflation actually got worse at the start of the new year and gives the central bank ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on Wednesday, as Federal Reserve Chair Jerome Powell heads to the U.S.
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