Inflation Heated Up in January, Freezing the Fed
Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails the prospect for Federal Reserve rate cuts anytime soon.The Labor Department said Wednesday that prices rose last month 0.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance, auto repairs and health care have continued to rise in part because of the delayed effects of pandemic-related vehicle shortages or wage increases.
Tariffs could factor into Fed's rate-cut plans amid inflation concerns, experts say
Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the impact of tariffs and other policies on price pressures.
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated to 3.0%, the highest rate since June 2024.
Analysis-Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising the threat of a hike.
US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The arguably more important measure of core inflation, which excludes price changes in the often volatile food and energy ...
January disappearance of North Carolina veteran Clinton Bonnell alarms loved ones
Stephanie’s brother, Clinton Bonnell, has been missing for nearly a month. The 50-year-old was last seen on January 27, 2025, ...
US consumer prices increase more than expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no ...
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
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January wasn't expected to break global temperature records. But it did.
The planet has been shattering heat records for the past two years. That was expected to ease in January—and the fact that it ...
Inflation picked up in January. Here's what it means for your money.
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.
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday 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.
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 ...
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.
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...