CPI Report Puts the Kibosh on Rate Cuts: What the Experts Are Saying About Inflation
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest data ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
U.S. inflation increases to 3 percent, groceries and gasoline prices heading higher
The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed, up ...
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 ...
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Money blog: Exactly how much more it costs being single revealed
While affordability remains a problem, the building society said, wages are expected to go up faster than inflation - easing some cost of living pressure. The fundamental problem of a lack of ...