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Inflation, CPI

CBS News on MSN · 3d

Inflation rate picked up in January, CPI report shows. What it means.

Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. The Consumer Price Index was forecast to rise 2.

Investopedia on MSN · 3d

CPI Inflation Was Higher Than Expected In January

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, gas, and housing pushed the inflation rate out of the 2% range for the first time since May.

USA TODAY on MSN · 19h

Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance, auto repairs and health care have continued to rise in part because of the delayed effects of pandemic-related vehicle shortages or wage increases.

2don MSN

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...

3d

US inflation heats up to 3% for first time since June

It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...

3d

US CPI surprise means rate cuts in 2025 'out of the question' with hike a possibility

GBP/USD turns south in the second half of the day on Wednesday and trades deep in the negative territory near 1.2400. The ...

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