Inflation remained stubbornly high in January, new data expected to show
Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald Trump ’s policy ambitions. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in January from a year earlier, according to economists’ forecast.
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.
CPI Report: January Unlikely to Deliver Progress on Cooling Inflation
The Bureau of Labor Statistics will release the consumer price index report for January on Wednesday, Feb. 12.
January Inflation Data: What Economists Expect From the CPI Report
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An
US CPI Report: What January's Inflation Means for Your Wallet and the Economy
On February 12, the CPI for January 2025 will be declared at 8:30 EST.According to economists, there will be a 2.8% increase in living expenses over the next year, which is merely 2% lower than the 2.
Inflation Stayed Stubborn in January, Economists Predict
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for cost increases and stronger price growth, which means Wednesday's report likely won’t sway the Federal Reserve from its wait-and-see approach to interest rates.
'Terrifying' January Was Hottest in Recorded History, Say Scientists
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Top Justice Department official accuses FBI leadership of ‘insubordination’ over January 6 inquiry
The acting deputy attorney general accused FBI leadership of “insubordination” by refusing to identify a “core team” of ...
FBI, DOJ strike agreement in lawsuit over January 6 agent list amid fears of retaliation
The Justice Department and FBI agents reached an agreement Friday to block the Trump administration from releasing ...
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 ...
Earth just experienced its warmest January on record
The average surface air temperature was 55.81 degrees Fahrenheit That's 1.42 degrees Fahrenheit above the 1991-2020 average ...
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 ...
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 ...