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Fed rate hikesfinancialpost
•Business
Business & Economics
78% Informative
Inflation in the United States appears to be heading in the wrong direction, which has some economists worried that the Federal Reserve could end up hiking interest rates.
Headline inflation increased three per cent year over year in January , according to the U.S. Labor Bureau’s consumer price index (CPI), which was higher than analysts’ forecast of 2.9 per cent .
Some economists say the overheated numbers were due to seasonal effects since many businesses implement price increases at the start of the year .
“We still think that’s too dovish,” and that cuts are “off the table” in 2025 . Email: [email protected] Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here..
VR Score
87
Informative language
89
Neutral language
69
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5