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.
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 ...
Stocks stayed flat Wednesday, except the Russell 2000 falling 0.6%. Higher-than-expected CPI delays rate cuts. Intel rose, while Tesla and Netflix faced declines.
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
With strong institutions that give the appearance of integrity, many top-scoring countries in this year's CPI are prime ...
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