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.
The Personal Consumption Expenditures Price Index grew at an annualized rate of 4.0 percent in January 2025, up from 3.6 ...
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
Wholesale prices held steady in February, data that follows signs of modest cooling for consumer-price increases in a ...
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.
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the ...
The latest Consumer Price Index report released Wednesday shows Core prices for February 2025 are up 3.1% compared to ...
Mary Johnson, an independent Social Security analyst, said: "COLA doesn't keep pace with real inflation. The year-over-year ...
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