Here’s what Wednesday’s inflation report means for your wallet and how it could impact the Fed’s next interest rate decision.

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The Bureau of Labor Statistics reported Wednesday that the CPI rose 3.0% on an annual basis in January compared to the same month last year, an uptick from 2.9% in December. On a monthly basis, the ...

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Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.

The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...