Economists expected the CPI to rise by 0.3 percent on the month and hit an annual inflation rate of 2.9 ... report also comes amid weeks of rising economic pressure on President Trump, who is ...

This index is primarily used to determine current inflation ... can lead to an economic recession or an extended period of declining economic activity, and it’s not easy to accurately predict ...

their way into the economy. Do the right thing.” Powell added that the Fed still expects inflation to get back to nearly 2% by the end of next year. Tariffs could just create a one-time increase ...

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their ...