Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
10hon MSNOpinion
This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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US consumer inflation unexpectedly up, Trump blames BidenUS consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril ...
Spot Gold recovered from an intraday low of $2,863.61 and trades above the $2,900 mark in the mid-American session. Financial markets are quite volatile in the second half of the day after multiple ...
Egg prices have reached a record high in the U.S. as an ongoing bird flu outbreak that began in 2022 is making eggs terribly ...
The cost of food rose in January by 0.4% with eggs seeing the biggest price hike they've seen in nearly 10 years, according ...
University of Michigan consumer survey Friday found consumer sentiment fell about 5% on fears inflation will rise to 4.3% ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
The latest monthly consumer price index showed that the average price of a dozen Grade A eggs in US cities reached $4.95 in ...
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...
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