Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
Why U.S. Consumer Prices Increased 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 ...
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% from a year ago, ...
MT Newswires on MSN40m
January Consumer Inflation Accelerates, Core Rates Top Estimates
Consumer inflation in the US accelerated last month on both sequential and annual bases, while core measures came in ahead of Wall Street's estimates, government data showed Wednesday. The consumer ...
CPI Report Puts the Kibosh on Rate Cuts: What the Experts Are Saying About Inflation
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.