The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%, both lower than expected. Excluding food and energy, core CPI showed a 0.2% monthly gain and an ...
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm ...
The Labor Department says consumer prices increased 0.3% in December and held steady at 2.7% on a year-over-year basis. Food prices increased 0.7% for the month and were up 3.1% from a year ago. Gas ...
The Bureau of Labor Statistics reported that the Consumer Price Index increased 2.7% in December from year-ago levels after rising by the same 2.7% rate in November. Year-over-year core CPI (which ...
Discover how inflation targeting helps central banks achieve price stability. Learn the principles, methods, and benefits of this key monetary policy strategy.