It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
US inflation in January rose percent, the highest monthly increase in two years. Though prices have eased from around 5 ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
The rate of UK inflation is expected to rise when January’s figures are published tomorrow, partly driven by a bounce in ...
US stocks dropped Wednesday, with investors concerned that inflation has reversed its recent progress and could lead to higher interest rates. The Dow was around 395 points lower at the opening ...
“This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer,” ...
US inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...
Also, the Director-General of the Lagos Chamber Of Commerce And Industry, Dr Chinyere Almona noted that a rebased CPI provides a “clearer view of the economy” which considering the drop of headline ...
Trump said that interest rates should be lowered and that would go “hand in hand” with his upcoming tariffs. Most economists worry that tariffs will at least temporarily push up inflation.