The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.

The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.

MIAMI, FLORIDA - OCTOBER 24: A customer pumps gas into their vehicle on October 24, 2025 in Miami, Florida. According to the new Bureau of Labor Statistics data released on October 24, the 12-month ...

The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which ...

The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 ...

Discover how inflation targeting helps central banks achieve price stability. Learn the principles, methods, and benefits of this key monetary policy strategy.

The Federal Reserve sets monetary policy in the United States with two main goals in mind. Its first goal is to provide for stable prices over time, which is to say the Fed has the job of managing ...

Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...