Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
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 ...
The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food ...
The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another ...
The chief source of inflation in January was the cost of shelter. That accounted for about 30% of the overall increase in the consumer-price index. Yet shelter costs — rent and housing — are actually ...
US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril ...
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing ...
Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens ...
NBC News is tracking changes in the prices of eggs, bread, ground beef, chicken and other grocery items to monitor the impact ...
Corruption fuels the climate crisis, endangering life-saving funds. CPI 2024 reveals urgent need for transparency to safeguard billions at risk.
Economic highlights this week include the January consumer price index coming out Wednesday, and U.S. retail sales for January on Friday.