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.
CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Donald Trump rolls out myriad import tariffs. An underlying inflation measure ...
Both the annual and headline CPI figures were hotter than the estimates of economists polled by LSEG, who had predicted inflation would rise 0.3% on a monthly basis and 2.9% from a year ago ...
The President of the Armstrong Advisory Group, Mike Armstrong offers insight into the latest CPI report as inflation rises to ...
The RBA cut its cash rate by 25 bps to 4.10%, initiating a new easing cycle amid easing inflation. Click here to read what ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased ...
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