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Wow. Inflation in the US rose 3% in January, higher than experts predicted for Trump’s first month report. From December to January: Grocery prices 🔺 .5% Energy prices 🔺 1.8% Egg prices ...
The yield on the 10-year Treasury note jumped Wednesday to 4.62% in response to the inflation report, a sign that investors expect interest rates, growth and inflation to be higher in the coming ...
According to new data from the BLS, food inflation is abating, with prices up just 1.2% year over year. (Photo by Mostafa Bassim/Anadolu via Getty Images) (Anadolu via Getty Images)
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
Stocks fell for a second day this week as investors brace for Wednesday's CPI report. An inflation surprise could sway the Fed's interest rate decision next week. Google rose as much as 6% after ...
Egg prices, which are historically volatile, contributed to the stubborn grocery inflation in November. The item saw a 37.5% year-over-year increase — and a 8.2% jump month over month.
PATRICK T. FALLON/AFP via Getty Images 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 ...
The last inflation snapshot of 2023 provided some further encouraging news for Americans and the Federal Reserve: This painful period of sharp price increases may be nearing its end.