Reported about 19 hours ago
Moody's chief economist Mark Zandi warns that the trend of disinflation may be reversing, as January's Consumer Price Index indicates an unexpected rise in inflation by 0.5% month-over-month and 3.0% year-over-year, surpassing economist predictions. He points to widespread price increases across various sectors, including food and fuel, and discusses the implications of this data for the Federal Reserve's potential interest rate decisions.
Source: YAHOO