The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
We didn’t eat like this,” my cousin Patrick jokes, cutting his steak at a homecoming dinner with family to celebrate his ...
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month ...
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.
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
It’s not immediately clear whether the firings are legal, as the Trump administration is required to give a 30-day notice.
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...