Inflation Continues in Food, Shelter, Energy
Prices rose more than expected in January as inflation just won’t go away. LinkedIn sounds off.
A key gauge of prices showed inflation moderated less than forecast last month, undermining expectations the Federal Reserve will lower borrowing costs anytime soon.
The U.S. Consumer Price Index fell to an annual rate of 3.1% in January — above expectations for 2.9% — compared with 3.4% in December, the U.S. Labor Department reported Tuesday. Underpinn…
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