Fed officials are wary about getting through turn-of-the-year price resets, which contributed to big inflation jumps in ...
Groceries are up 1.8%. Meanwhile, there were some bright spots in the CPI report, such as shelter. The 4.6% annual inflation rate for housing in December was the lowest since January 2022.
These market moves appear to have ignored the potential for the January Consumer Price Index inflation report to show easing year-on-year inflationary pressures when it is released on February 12.
Consumers still forecast about 3% inflation, according to a New York Federal Reserve Bank survey. Responses also reflect a ...
(CRED iQ) Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below ...