US Inflation Rises to 3% in January 2025
In what is a concerning development for Americans, US inflation has officially risen to 3% for January 2025. Indeed, the data from the Bureau of Labor Statistics Consumer Price Index (CPI) has arrived above what many analysts had expected. Moreover, it is up slightly from December’s 2.9% inflation rate. The monthly figures are important as the Federal Reserve continues to develop its plan forward with regard to interest rate cuts. Just this week, Fed Chair Jerome Powell discussed the next potential cuts. Specifically, he noted that the country didn’t “need to be in a hurry.” Conversely, January’s inflation is the highest record mark since June 2024. BREAKING: US inflation rises to 3%, higher than expectations. — Watcher.Guru (@WatcherGuru) February 12, 2025 Also Read: US Stocks: Nasdaq, S&P 500 Slip Amid Tariffs, Inflation Data US Inflation Jumps Again to 3% to Kick Off 2025 Over the last several weeks, the US economy has been confronted with what cou...