US inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.

By disparaging public-health methods and discrediting vaccines, the COVID‑19 minimizers cost hundreds of thousands of people ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

The three quick reasons for this argument are: election cycle growth, low base growth and declining unemployment and inflation.

Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.

The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month ...

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...

Inflation rose to 3% for the year ending in January, the Bureau of Labor Statistics reported Wednesday in an update to the ...

U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...

Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...