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Inflation ran hotter than expected in January, complicating the Fed's rate decision

CBS News
Summary
Nutrition label

87% Informative

Consumer prices rose 3.1% in January from a year earlier , the government says.

Economists had expected the inflation rate to rise at a 2.9% pace.

Food and housing prices were the big drivers in January .

The inflation data will help inform the Fed 's rate decision at its March meeting.

VR Score

93

Informative language

97

Neutral language

49

Article tone

semi-formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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no affiliate links