The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm ...
The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Munis were steady as U.S. Treasuries saw small gains and equities ended up after an economic report showed inflation was cooling. Following the release of the report, "odds of a January rate cut rose ...
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
On Wednesday, the Bureau of Labor Statistics (BLS) will release April’s Consumer Price Index (CPI) report which gives a snapshot of current inflation numbers. It is a report that comes out each month, ...
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