Inflation Ticks Higher in January, Surpassing Predictions In January, the prices of goods went up a bit more than what experts thought they would, showing that inflation isn’t slowing down as quickly as hoped. The Consumer Price Index (CPI), increased by 0.3% from December to January and was 3.1% higher than last January. This was more than the expected 0.2% monthly increase and 2.9% yearly increase. Without including food and gas, which can have big price changes quickly, prices still went up by 0.4% in just a month. Investors are watching these numbers to predict when the Federal Reserve might lower interest rates to make borrowing money cheaper. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts People in China are so spooked about the economy that even the weak yuan isn’t stopping them from buying more gold READ MORE US Business Activity Expands at Slowest Pace in Four Months READ MORE US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes READ MORE China’s young investors are stockpiling gold beans READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment