january inflation rate

Inflation, CPI

Inflation rate picked up in January, CPI report shows. Here's what it means for your money.

On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.

USA TODAY on MSN · 8d

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, auto repairs and health care have continued to rise in part because of the delayed effects of pandemic-related vehicle shortages or wage increases.

Forbes · 11d

January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts

Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

The Washington Post on MSN11d

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 rose for Americans in ...

No Rate Cut Expected At Next Fed Decision On March 19

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

Fox Business11d

Inflation rises 3% in January, hotter than expected

Inflation ticked higher in January as stubbornly high prices continued to strain Americans' household finances as the Federal Reserve weighs a continued pause to its interest rate cut plans.

Canada's annual inflation in January edges up to 1.9%, core measures also up

Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs ...

2don MSN

January home sales fall as high mortgage rates, prices freeze out would-be buyers

Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...

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