U.S. Consumer Prices Surge in January 2025, Exceeding Expectations
In January 2025, U.S. consumer prices rose more than anticipated, with the CPI increasing by 0.5%, pushing the annual inflation rate to 3%. This rise, the highest in nearly 1.5 years, was driven by significant increases in shelter, food, and energy costs. The Federal Reserve may delay interest rate cuts, and proposed tariffs could further exacerbate inflation.