Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
MT Newswires on MSN11m
January Consumer Inflation Accelerates, Core Rates Top Estimates
Consumer inflation in the US accelerated last month on both sequential and annual bases, while core measures came in ahead of Wall Street's estimates, government data showed Wednesday. The consumer ...
Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...