CNBC logo
NBC News logo
NBC News logo
21 articles
·5M

US Inflation Hits 3% in January Amid Tariff Concerns and Fed's Rate Decisions

January's inflation reached 3% due to rising costs in food and energy, affecting Trump's economic strategy and prompting the Fed to hold interest rates steady.

Overview

A summary of the key points of this story verified across multiple sources.

Inflation in the US surged to 3% in January, driven by escalating prices for groceries, energy, and notably egg prices due to a bird flu outbreak. The Federal Reserve, led by Jerome Powell, indicated that despite President Trump's calls for lower interest rates to counteract rising costs and potential new tariffs, it will maintain its current rate policy as inflation persists above the target of 2%. Analysts caution that Trump's tariffs might exacerbate inflation, complicating efforts to stabilize prices. The market has responded negatively to these developments, reflecting concerns over economic stability.

Content generated by AI—learn more or report issue.

Pano Newsletter

Get both sides in 5 minutes with our daily newsletter.

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Analysis unavailable for this viewpoint.

Articles (21)

Compare how different news outlets are covering this story.

Center (14)

No highlight available for this article.

US inflation unexpectedly increases
BBC NewsBBC News·5M·
Center
This outlet is balanced or reflects centrist views.

No highlight available for this article.

No relief: Inflation unexpectedly heated up last month
NPRNPR·5M·
Center
This outlet is balanced or reflects centrist views.

No highlight available for this article.

Inflation came in hotter than expected in January
Business InsiderBusiness Insider·5M·
Center
This outlet is balanced or reflects centrist views.

History

See how this story has evolved over time.

  • 5M
    ABC News logo
    NBC News logo
    CNBC logo
    6 articles