Inflation Ticks Higher in January, Surpassing Predictions In January, the prices of goods went up a bit more than what experts thought they would, showing that inflation isn’t slowing down as quickly as hoped. The Consumer Price Index (CPI), increased by 0.3% from December to January and was 3.1% higher than last January. This was more than the expected 0.2% monthly increase and 2.9% yearly increase. Without including food and gas, which can have big price changes quickly, prices still went up by 0.4% in just a month. Investors are watching these numbers to predict when the Federal Reserve might lower interest rates to make borrowing money cheaper. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Fed is meeting today. Here’s what experts are saying about the odds of a rate cut. READ MORE Charted: Workers Win As Wage Growth Outpaces Inflation READ MORE World Gold Council Podcast — Unearthed: Gold in technology throughout the ages READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Gold & Silver Confiscation: Can the Government Seize Assets? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
