Inflation
2025 - 2 - 12Eggs, Gas Prices, and Inflation: Oh My! January's Economic Rollercoaster!
cpi -- cpi inflation report Brazil - Consumer Price Index - CPI - Donald Trump - Financial Markets - Gas Prices - Grocery Costs - Inflation - Producer Price Index - S&P 500 - cpi - cpi inflation reportHold onto your wallets! Inflation soared to a six-month high, impacting everything from your eggs to your gas! Find out all the juicy details!
January 2024 has left many consumers feeling the pinch as inflation unexpectedly escalated, marking a vibrant uptick in prices across various sectors. The latest report from the Labor Department reveals that the Consumer Price Index (CPI) rose by 3 percent compared to last year, exceeding economists’ predictions of a mere 2.9 percent increase. This jump in inflation isn’t just a number on a chart; it’s being felt directly in the wallets of Americans, especially when it comes to necessities like groceries, gasoline, and housing. Curiously enough, eggs saw the largest price hike in almost a decade. Perhaps it’s time to rethink that breakfast omelet?
Grocery stores are experiencing increased costs, which are pinching customers at the checkout line. The price of staples from bread to meat has grown, leading many to reconsider their shopping lists and meal plans. Meanwhile, gasoline prices have also surged, giving us more reasons to fuel up our cars with anxiety. To make matters more complex, the rising inflation poses a challenge to the tariff plans proposed by former President Donald Trump, making economic strategists wring their hands about what this could mean for future policy directions.
Economists were taken by surprise by this unexpected spike in inflation, raising important questions about future endeavors by the Federal Reserve. Northeastern University economist Bob Triest suggests that the Fed will need to adopt a measured approach, maintaining a watchful eye on inflation trends before deciding on any rate cuts. With inflation reaching a six-month high, it seems that every penny counts, and market watchers are left pondering how this will affect economic stability and monetary policy moving forward.
This uptick in inflation isn’t unique to the U.S.; globally, inflation has been hotly debated amid economic recovery from the pandemic. Interestingly, did you know that the price of eggs shot up in a similar fashion during World War II? The cyclic nature of economic inflation hints at the finicky behaviors of market demands and supplies over the years. The fight against inflation is indeed a long game, and we’re all just players hoping to keep our budgets balanced while enjoying that breakfast egg or two.
No relief: Inflation unexpectedly heated up last month (NPR)
Inflation remained stubbornly high in January, as grocery, gasoline and shelter costs all rose. Egg prices saw their biggest price hike in almost a decade.
U.S. inflation increases to 3 percent, groceries and gasoline prices ... (PBS NewsHour)
The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed, up from 2.9% the previous month.
Inflation Accelerated in January (Eye on Housing)
Inflation edged up to a six-month high in January and showed little progress from a year ago. The persistent inflation rate indicates the last mile to the ...
US inflation unexpectedly increases (BBC News)
US inflation increased by more than expected last month, pushing up the cost of living for Americans.
Inflation increased in January, posing obstacle for Trump tariff plans (ABC News)
Consumer prices rose 3% in January compared to a year ago, data showed.
Inflation rate picked up in January, CPI report shows. Here's what it ... (CBS News)
The Consumer Price Index was forecast to rise 2.9% last month, according to economists polled by financial-data firm FactSet. The CPI, a basket of goods and ...
Inflation report for January to show U.S. price growth remains ... (NBC News)
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.
Will the Federal Reserve pause rate cuts after January's inflation ... (News@Northeastern)
I think the Federal Reserve will be wise to take a wait-and-see stance,” says Northeastern University economist Bob Triest.
Inflation Amps Up in January (NJBIA)
Inflation accelerated in January more than economists had anticipated, rising a seasonally adjusted 0.5% for the month and pushing the annual inflation.
US consumer inflation increases at fastest pace in nearly 1-1/2 years ... (Reuters)
Consumer prices increase 0.5% in January · Shelter, food, gasoline lead broad rise in prices · Consumer price index rises 3.0% year-on-year · Core CPI gains 0.4%; ...
S&P 500 ends down as hot US inflation data hints at fewer rate cuts (Reuters)
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal Reserve would not cut interest ...
Stock Market Today: Dow, Nasdaq Fall After Inflation Hits 3 ... (The Wall Street Journal)
Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee after an inflation report showed consumer prices rose more than ...
Most of Wall Street sinks after report of worsening inflation (Los Angeles Times)
Still, Wall Street's overall momentum remained downward, and the majority of stocks fell. Treasury yields also remained notably higher in the bond market, ...
Flash Macro: U.S. Inflation | KKR (KKR)
We believe that we are witnessing a structural change in the relationship between stocks and bonds, which warrants a fundamental 're-underwrite' of the ...
3 things to know about the Twin Cities' 3% inflation (Minneapolis Star Tribune)
The Consumer Price Index in the metro rose 3% year-over-year in January, the same as the U.S..
The latest inflation report shows that high prices are Trump's major ... (ABC News)
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected.
Trump Mocked After Blaming Bad Inflation Report On Biden (Yahoo News)
Based on comments President Donald Trump made on Wednesday, it's clear he thinks the buck actually stops with his predecessor, former President Joe Biden. Trump ...
Inflation, egg prices, and gas prices all rose in January; Trump ... (Fortune)
"Trump campaigned on lowering costs for working families but today's inflation data highlights how he is failing to deliver on that promise."
Wholesale Inflation Sped Up in January With 0.4% Monthly Gain in PPI (Barron's)
The producer price index inflation data follow news Wednesday that the consumer price index rose more than expected in January.
The latest inflation report shows that high prices are Trump's major ... (The Associated Press)
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected.
Inflation is Trump's problem now (KTVZ)
<i>Nathan Howard/Reuters via CNN Newsource</i><br ... Inflation isn't Trump's fault. But it's now his problem. President Donald Trump has a rhetorical style that ...
Rising Rates May Trigger Financial Instability, Complicating Fight ... (International Monetary Fund)
Banking systems are largely insulated from inflation, but vulnerabilities at some banks could lead to tradeoffs between containing inflation and protecting ...
Fight against inflation appears to have stalled as prices come in ... (WSAZ-TV)
Economists and ...
Hot Inflation Raises Stakes of Trump's Tariffs (The New York Times)
“Introducing large increases in the prices of imported goods could breathe new life into some of the inflationary embers that are still glowing in the economy,” ...
Inflation is Trump's problem now (CNNMoney)
President Donald Trump has a rhetorical style that can be hard to follow. But even a casual listener at this point can recognize his compulsion to deflect ...
January Inflation Rate Higher Than Expected: What This Means for ... (JP Morgan)
The January 2025 Consumer Price Index (CPI) report surprised to the upside, as the headline figure rose by 0.5% month-over-month (MoM) and core CPI (excluding ...
US wholesale prices remained high last month, a sign progress on ... (CNN)
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
December wholesale prices up a hot 0.4% as fight against inflation ... (The Associated Press)
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations ...
US producer inflation trends higher; labor market remains stable (Reuters)
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the ...
Wholesale Inflation Rose in January More Than Expected (U.S. News & World Report)
The producer price index increased last month, led by food and energy costs.
Brazil worsens GDP, inflation outlook but remains more optimistic ... (Reuters)
Brazil's government on Thursday cut its economic growth forecast for this year to 2.3% amid the impact of ongoing monetary tightening and lifted its ...
Producer inflation topped forecasts in January, led by food and ... (Real Economy Blog)
The producer price index rose by 0.4% in January, following an upwardly revised 0.5% increase in December, making it the hottest two-month stretch of ...
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