Reported about 4 hours ago
The January Consumer Price Index (CPI) report revealed a 0.5% increase month-over-month and a 3.0% rise year-over-year, exceeding expectations and raising concerns about potential Federal Reserve responses. However, economists like Claudia Sahm and Leslie Falconio emphasize that one report is insufficient to change the Fed's trajectory, underscoring the importance of longer-term trends over isolated data points.
Source: YAHOO