Markets see only a slim chance of a rate cut in March. Forecasts for the January Consumer Price IndexReport find that inflation likely remained slightly elevated last month, partly thanks to ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
Investors and traders were bracing for Wednesday’s consumer-price indexreport for January to mostly reflect either little change from or a slight improvement over the final month of 2024.
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