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Inflation Heated Up in Jan., Freezing Fed
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails the prospect for Federal Reserve rate cuts anytime soon.The Labor Department said Wednesday that prices rose last month 0.
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated to 3.0%, the highest rate since June 2024.
January reports highest month-over-month inflation increase since August 2023
The consumer price index, the top measure for inflation in the U.S., increased 3% in the 12-month period ending in January, which was up from 2.9% in December. The Bureau of Labor Statistics released the updated consumer price index on Wednesday.
12h
on MSN
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 ...
5h
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
9h
on MSN
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
6h
on MSN
Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
11h
on MSN
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 ...
12h
on MSN
Inflation Higher Than Expected in January
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
10h
on MSN
Fed's Powell heads back to Congress as data shows inflation jump in January
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is ...
12h
U.S. inflation worsened last month with the cost of groceries and gasoline rising
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
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