Inflation rate picked up in January, CPI report shows. What it means.
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve’s push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. By the numbers The Consumer Price Index was forecast to rise 2.9% last month, according to economists polled by financial-data firm FactSet. The CPI, […]
Inflation rate picked up in January, CPI report shows. What it means. Read More »