Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...
The figures underscore the stickiness of inflation, which created a major political problem for former President Joe Biden.
Treasury yields and the dollar rally as U.S. January inflation comes a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday. The 12-month CPI reading accelerates to 3%, ...
The sharp increase in consumer prices in January leaves the Federal Reserve in a holding pattern. The trend in inflation actually got worse at the start of the new year and gives the central bank ...
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 ...
Consumer prices rose sharply in January, underscoring why the Federal Reserve is in “no hurry," in the words of its chairman, to cut U.S. interest rates again. The consumer-price index rose a stiff 0.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
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