Published 30 days ago • loading... • Updated 29 days ago

Did prices jump in January? Inflation report will provide latest update on consumer costs

The January consumer price index report is expected to show a monthly increase of 0.3% and a 12-month inflation rate of 2.9%, according to Dow Jones economists.
Bank of America economist Stephen Juneau stated that inflation is above target, which supports the case for the Federal Reserve to maintain current rates.
Goldman Sachs noted that increases in car prices and auto insurance are likely to drive inflation, while tariffs may also contribute to rising costs.
Fed Chair Jerome Powell indicated that the central bank is not in a rush to cut rates further, as inflation remains persistent.

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NBC News

January consumer price index report shows a rise in inflation and prices

New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers, which rose 0.4%, exceeding forecasts for 0.3%.

29 days ago·United States

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King5 News

+4 Reposted by 4 other sources

Did prices jump in January? Inflation report will provide latest update on consumer costs

The Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet.

30 days ago·Seattle, United States

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CNBC

Consumer Price Report Wednesday Expected To Show Inflation Isn't Going Away

Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.

30 days ago·United States

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livenowfox.com

Inflation got worse in January; here's what prices jumped the most

Americans are continuing to pay more for groceries, gas and the like. Here’s what prices jumped the most in the last month.

30 days ago

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Stockxpo - A professional network of traders, investors and analysts

Consumer price report Wednesday expected to show inflation isn’t going away

Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images The January consumer price index report is likely to tell a familiar story: Another month, another expected miss for inflation as it relates to the Federal Reserve‘s goal, with concerns aplenty about what happens from here. So inst…

30 days ago

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Daily Expert News

Consumer price report on Wednesday that inflation will not leave

Carton eggs are displayed in a supermarket with a warning that limits will be placed on purchases, because bird flu will continue to influence the egg industry in New York City on 10 February 2025. Spencer Platt | Getty images The January report of the Consumer Prize Index of January will probably tell a well […]

30 days ago

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