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0:39
Facebook
CNBC
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:
CNBC. . 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
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11 months ago
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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
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