Here's a chart that the Federal Reserve hoped it wouldn't see: Inflation has turned upwards after making some progress in the ...
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
January's consumer price index came in hot, with Trump tariffs set to push prices higher. S&P 500 futures tumbled on the CPI inflation report.
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, ...