US consumer prices post largest increase in nearly 1-1/2 years in January
U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for housing and food, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,
Consumer stress over grocery prices stands at midpoint
Stress levels due to grocery prices are mixed, and most consumers are at least somewhat familiar with the concept of tariffs, according to the January issue of the Consumer Food Insights Report (CFI).
CPI: U.S. consumer prices rise 0.5% in January; egg prices spike 15.2%
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird flu, the U.S. Bureau of Labor Statistics reported Wednesday.
US consumer prices increase more than expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
Did prices jump in January? Inflation report will provide latest update on consumer costs.
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9 percent from a year ago, according to economists surveyed by FactSet.
Inflation Was 3% In January As Egg Prices Soared 15%
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month as bird flu ravages the national supply of eggs. That helped boost the CPI’s food at home annual inflation sub-index to 1.9%, its highest reading since October 2023.
Inflation rose in January as prices for groceries and housing picked up
Consumer prices rose by 3.0 percent annually last month, hotter than reported in December. Inflation heated up more than expected in January, as prices for groceries, housing and energy all picked up for Americans in early 2025,
Dollar jumps as consumer prices rise more than expected
The U.S. dollar jumped on Wednesday after data showed that consumer prices rose more than economists expected in January, raising the likelihood that the Federal Reserve will hold interest rates higher for longer as it battles to bring down price pressures.
Consumer Prices Rose. Expect Mortgage Rates to Follow.
House hunters hoping for lower mortgage rates ahead of the typically busy spring buying season will be disappointed: A ...
Used car prices jump most since May 2023 and could push higher as inventory shrinks
New and used car prices were mixed to start the year in January’s Consumer Price Index (CPI) reading, but used prices continued trending higher, with January’s jump the largest since May 2023.