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.
Investors and traders were bracing for Wednesday’s consumer-price index report for January to mostly reflect either little ...
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
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