Inflation Picks Up Speed, Rising to 3% in January
The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
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.
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 ...
US consumer prices rise to 3.0% in January
US consumer prices rose unexpectedly in January, with the annual CPI increasing to 3.0 percent. The rise exceeded economists' ...
KSL6h
Data shows inflation jump in January; Fed's Powell heads back to Congress
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on Wednesday, as Federal Reserve Chair Jerome Powell heads to the U.S.