January CPI report highlights economic and mortgage rate challenges for U.S economy
The U.S. economy started 2024 on uncertain footing as the January Consumer Price Index (CPI) report revealed a tick up in inflation, challenging hopes for a moderation towards the Federal Reserve’s 2% target. According to the latest data from the Bureau of Labor Statistics, the CPI for All Urban Consumers (CPI-U) saw a 0.3% rise […]
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