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There wasn't much for investors to cheer in the latest inflation update. Consumer prices in January rose 0.5% for the month and 3% on a year-over-year basis, according to the Bureau of Labor ...
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 ...
Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
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)
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.
Core prices rose 3.3% over last year, marking an uptick from the 3.2% seen in December, which was the first time since July that year-over-year core CPI showed a deceleration in price growth.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...