U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
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Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Consumer Price Index (CPI) report is out and the stock market isn’t reacting well to the latest inflation measurement. The bad news ...
U.S. shoppers still can’t get a break at the grocery store. Overall food prices rose 0.4% last month, an acceleration from ...
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