US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
US inflation rises broadly, further denting rate cut prospects
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
Inflation hit 7-month high of 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 ...
Inflation grew in January as costs of gas, groceries go up
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...
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Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...