ZeroHedge: CPI Prints Hotter Than Expected In January As SuperCore Soared The January Consumer Price Index (CPI) report delivered a hotter than expected outcome, defying anticipations for a significant decrease in the year-over-year inflation rate. Instead of dropping to the forecasted 2.9% from the previous 3.4%, the CPI saw a year-over-year increase of 3.1%, dampening hopes for inflation cooling to below 3%. On a month-over-month basis, consumer prices rose by 0.3%, surpassing the expected 0.2%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Growing Credit Card Debt: A Warning Sign for Investors READ MORE Economists Question the Recession-Predicting Power of theInverted Yield Curve READ MORE What’s next for gold? READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE Fed’s Powell: Elevated inflation will likely delay rate cuts this year READ MORE Add a Comment Cancel replyYour email address will not be published.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
