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 S&P 500 Nears Record High, Metals Shine Amid Dollar Dip READ MORE Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE Gundlach's Investment Strategy: Cash and Gold in a Volatile Market READ MORE Proposed Ban on Open-Pit Mining Could Crush Mexico's Economy READ MORE Central banks bolster gold reserves further in February, albeit at a slower pace READ MORE Add a Comment Cancel replyYour email address will not be published.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
