Inflation Heated Up in January, Freezing the Fed
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect for Fed rate cuts so long as the economy remains solid.
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 as bird flu ravages the national supply of eggs. That helped boost the CPI’s food at home annual inflation sub-index to 1.9%, its highest reading since October 2023.
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 picked up for Americans in early 2025, potentially complicating President Donald Trump’s agenda.
Inflation came in hotter than expected in January
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
Inflation leaped 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.
Why January Inflation Readings Are Particularly Important
Price hikes in recent years have been exceptionally strong in January, reflecting outsize turn-of-the-year price resets. The upshot is that this morning's consumer-price index could show whether the Federal Reserve’s fight to bring inflation down has cleared a key hurdle.
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 report.
Inflation remained stubbornly high in January, new data expected to show
Another risk for policymakers: the “January effect,” or the resetting of consumer prices for things like rents and other services, which could fuel hotter inflation at the beg
Everyday prices increased again in January, and so did inflation
Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.
Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat ...
January Was America’s Coldest Since 1988, But Also Was Planet’s Record Warmest
The Lower 48 stood out as one of the few colder spots in overall global warmth. Here's the newly-released perspective.
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
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.
January jobs report: Economy at full employment. Wage pressure picks up.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...
January smashes heat record, surprising scientists
Last month was the hottest January on record, blitzing the previous high and stunning climate scientists who expected cooler ...
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 ...
Futures move lower after January CPI data
U.S. stock index futures moved lower on Wednesday as a hotter-than-expected consumer inflation report fueled fears that the ...