Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
The Personal Consumption Expenditures Price Index grew at an annualized rate of 4.0 percent in January 2025, up from 3.6 ...
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the ...
Wholesale prices held steady in February, data that follows signs of modest cooling for consumer-price increases in a ...
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
A key inflation measure simmered down in February, the month before a round of President Donald Trump's wide-ranging tariffs ...
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
The latest Consumer Price Index report released Wednesday shows Core prices for February 2025 are up 3.1% compared to ...
Food prices have contributed to high inflation, reaching its highest rate since January 2024.
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