Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates. Find more details on the report: cnb.cx/3WVOQzH | CNBC
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Inflation perked up more than anticipated in January, providing f…
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12K views · 114 reactions | The consumer price index increased 0.1% for the month, putting the annual inflation rate at 2.4%. Excluding food and energy, core CPI came in respectively at 0.1% and 2.8%, compared with forecasts for 0.3% and 2.9%. Weakness in energy prices helped offset some of the increases, and a handful of other key items expected to show tariff-related jumps, vehicle and apparel prices in particular, actually posted declines. Read more: cnb.cx/3ZUCHwk | CNBC | Facebook
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12K views · 114 reactions | The consumer price index increased 0.…
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2.8K views · 16 reactions | Richard Clarida, PIMCO's global economic advisor, said Wednesday that inflation expectations data has factored into the Fed's rate decisions as much as actual inflation data. Consumer sentiment on inflation has prevented a "good news rate cut" so far, Clarida said. Watch more: cnb.cx/3HSk5qv | CNBC | Facebook
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1K views · 48 reactions | The U.S. seemed to be winning its battle against inflation, but the latest consumer price index data showed inflation rose more than expected. Here's how consumer behavior can manifest higher prices and more inflation. More at: cnb.cx/48wuQrG | CNBC | Facebook
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4.2K views · 29 reactions | The PCE price index, the Fed’s preferred inflation gauge, showed an increase of just 0.1% from October and a 2.4% annual rate, both below expectations. | CNBC | Facebook
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