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.
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
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 ...
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the ...
The Personal Consumption Expenditures Price Index grew at an annualized rate of 4.0 percent in January 2025, up from 3.6 ...
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short ...
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing ...
Food prices have contributed to high inflation, reaching its highest rate since January 2024.
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
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