US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
The Daily Chase: U.S. inflation comes in hotter than expected
The U.S. consumer price index (CPI) rose by 0.5 per cent in January, hotter than what economists were expecting. The ...
Inflation is staying stubbornly high as more Trump tariffs loom
Year-over-year, core inflation rose 3.3%, while analysts had expected core inflation to fall to 3.1% from 3.2%. After three straight meetings that resulted in cuts, the Federal Open Market Committee ...
US consumer prices increase more than expected in January
In the 12 months through January, the consumer price index (CPI) increased 3 per cent after advancing 2.9 per cent in ...
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U.S. consumer prices climb more than expected in January
WASHINGTON (Reuters) -- U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing ...
Energy Costs Are Up, But They Weren’t January’s Biggest Inflation Driver
Consumers got a bit of relief on their energy costs in January, after a sharp increase at the end of last year. Energy costs ...
Inflation rose for fourth month in a row to 3% in January
Inflation rose to 3% for the year ending in January, the Bureau of Labor Statistics reported Wednesday in an update to the ...
The Edge Singapore38m
US core inflation rose 0.4% m-o-m in January, topping forecasts
Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes ...
USD/JPY rises to fresh weekly high above 154.00 after US inflation data
USD/JPY gathered bullish momentum in the early American session on Wednesday and reached a fresh weekly high near 154.50. At ...
Housing Costs Shift Higher, Again
Housing, which has been one of the more persistent inflation factors, continues to be on a bumpy cooling path. The consumer ...
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 ...
US inflation heats up to 3% for first time since June
The cost of food and energy continued to climb in January, hitting 3% for the first time since June 2024, pushing the cost of living higher for Americans.