It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.
The consumer price index increased by three percent in January compared to a year ago, according to a Wednesday report from the Labor Department.
The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed ...
LA-Orange County: Inflation was 3.3% in January, down from December’s 3.4%, which was the highest since May 2024. It was 2.5% ...
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt ...
A rising number of Americans are anxious about the state of the US economy — and it's all about inflation. The latest University of Michigan consumer sentiment survey released Friday showed ...
While the fresh inflation reading represents only one print, it casts further doubt on whether the Fed has any more room to cut rates at all. It also resurfaced talk about whether ...
Inflation remained stubbornly high in January, as grocery, gasoline and shelter costs all rose. Egg prices saw their biggest ...