The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%, both lower than expected. Excluding food and energy, core CPI showed a 0.2% monthly gain ...
The Consumer Price Index rose at an annual rate of 2.7% in November, cooler than economists had forecast and a sign that price pressures may be easing. The CPI was expected to rise 3% on an ...