CPI JANUARY 2024 REPORT:
1. To the dismay of Fed Chair Powell, the CPI releases quickly.

2. The US CPI inflation rate rose by 0.3% for the month, above forecasts of a 0.2% increase.

3. Although down from 3.4% in December, the headline CPI climbed by 3.1% year over year, which was still much higher than the 2.9% estimate.

4. The U.S. core CPI grew by 0.4% month over month as anticipated.

5. The headline core CPI grew by 3.9% annually, which was less than the 3.7% forecast. In December, there was a corresponding increase.
CPI JANUARY 2024 REPORT: 1. To the dismay of Fed Chair Powell, the CPI releases quickly.

2. The US CPI inflation rate rose by 0.3% for the month, above forecasts of a 0.2% increase.

3. Although down from 3.4% in December, the headline CPI climbed by 3.1% year over year, which was still much higher than the 2.9% estimate.

4. The U.S. core CPI grew by 0.4% month over month as anticipated.

5. The headline core CPI grew by 3.9% annually, which was less than the 3.7% forecast. In December, there was a corresponding increase.