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 previous month.
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, ...
Fed's Powell: Strong economy means no hurry to cut rates
WASHINGTON (Reuters) -The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that ...
What does inflation mean? Common economic jargon explained in simple terms
The economy has been a defining issue for Britons in recent years. Yet the jargon used to describe hugely significant changes can sometimes make it difficult to understand what's going on - and ...