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.
Inflation climbed to annualized rate of 3% in January, Bureau of Labor Statistics reports
The annual U.S. Inflation rate increased to 3% in January, according to the federal government's Consumer Price Index Summary released Wednesday morning. The index is a broad measure of the costs of goods and services across the U.S. economy. Inflation from December 2024 to last month increased 0.05%, also according to the report.
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
CPI inflation shock hammers Fed rate cut bets for 2025
U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price pressures stayed stubbornly elevated even before the impact of new trade tariffs put in place by President Donald Trump.
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.
Japan's wholesale inflation accelerates to 4.2% in January
Japan's annual wholesale inflation jumped to 4.2% in January, accelerating for the fifth straight month, data showed on Thursday, highlighting persistent price pressures that may keep alive market expectations of a near-term interest rate hike.
CPI Report: January Inflation Surpasses Estimates, Shocks Markets
Consumer Price Index (CPI) report is out and the stock market isn’t reacting well to the latest inflation measurement. The bad news
U.S. stock futures tumble over 1% after January's CPI inflation report comes in hotter-than-expected
U.S. stock futures were sliding on Wednesday early morning after the consumer-price-index report showed headline inflation rose 0.5% in January, putting the annual inflation rate at 3%. The Dow Jones Industrial Average futures were falling 1%,
Egypt annual inflation rate inches down to 24% in January
Egypt's annual urban consumer price inflation rate inched down to 24% year-on-year in January from 24.1% in December, data from statistics agency CAPMAS showed on Monday.
Inflation accelerated in January, CPI report finds
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. Martin Baccardax joins to discuss.
US inflation heats up to 3% for first time since June
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Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The arguably more important measure of core inflation, which excludes price changes in the often volatile food and energy ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
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 ...
US inflation unexpectedly increases to 3% in January
US inflation unexpectedly increased to 3 per cent in January, bolstering the case for the Federal Reserve to proceed slowly with interest rate cuts and hitting stocks and government bonds. Wednesday’s ...