Inflation held steady last month
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Follow along with Investopedia's live coverage of Friday's inflation report from the Bureau of Labor Statistics.
A key measure of US inflation was tame at the start of the year. But another metric is shaping up to paint a very different picture.
The latest CPI data, a key inflation metric, came in in line with expectations Wednesday, but rising energy costs from the Iran conflict are casting a long shadow.
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts. Follow along with our live coverage here.
The Labor Department says consumer prices increased 0.3% in December and held steady at 2.7% on a year-over-year basis. Food prices increased 0.7% for the month and were up 3.1% from a year ago. Gas prices were down 0.4% on a monthly basis and have ...
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 and is down from December's 2.7% annual rate. "The fact ...
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