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.
Inflation Was 3% In January As Egg Prices Soared 15%
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month as bird flu ravages the national supply of eggs. That helped boost the CPI’s food at home annual inflation sub-index to 1.9%, its highest reading since October 2023.
Everyday prices increased again in January, and so did inflation
Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.
Inflation remained stubbornly high in January, new data expected to show
Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald Trump ’s policy ambitions. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in January from a year earlier, according to economists’ forecast.
Futures move lower after January CPI data
U.S. stock index futures moved lower on Wednesday as a hotter-than-expected consumer inflation report fueled fears that the Federal Reserve will not cut interest rates anytime soon. Data from the Labor Department showed the consumer price index rose 3% on an annual basis in January,
What To Expect From January 2025's Inflation Report
CPI report will likely show some inflation, but not enough to alarm the Federal Reserve. Read more to see my thoughts on the report.
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,
January Inflation Data: What Economists Expect From the CPI Report
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An
Inflation rises 3% in January, hotter than expected
The Labor Department released the consumer price index for January which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
CPI caveat: January is a tough month to get a read on inflation
Tracking the increase in prices in the U.S. economy is a tough job under any circumstance, but it’s even tougher in January. How come? Many companies typically raise prices just once a year, and for those that do,
US inflation rose higher-than-expected 3% in January, dashing hopes for interest rate cuts
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
Why January Inflation Readings Are Particularly Important
Price hikes in recent years have been exceptionally strong in January, reflecting outsize turn-of-the-year price resets. The ...
January Was America’s Coldest Since 1988, But Also Was Planet’s Record Warmest
The Lower 48 stood out as one of the few colder spots in overall global warmth. Here's the newly-released perspective.
January jobs report: Economy at full employment. Wage pressure picks up.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...
Employers added 143,000 jobs in January amid a slowdown in the labor market
The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Gold ETF Flows: January 2025
Global physically backed gold ETFs saw net inflows during the first month of 2025, adding US$3bn in January. Click to read.
India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...