Inflation rate rose sharply in January

CNN reports that the inflation rate rose half a percent in January, driven by the price of groceries, uncertainty over Trump's tariffs, fears of dimished state capacity, etc. And "it's not just eggs," writes Alicia Wallace, tracking a 3% annualized rate—the highest since last summer. — Read the rest The post Inflation rate rose sharply in January appeared first on Boing Boing.

Feb 14, 2025 - 07:21
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Inflation rate rose sharply in January
Donald Trump (Maxim Elramsisy / Shutterstock.com)

CNN reports that the inflation rate rose half a percent in January, driven by the price of groceries, uncertainty over Trump's tariffs, fears of dimished state capacity, etc. And "it's not just eggs," writes Alicia Wallace, tracking a 3% annualized rate—the highest since last summer. — Read the rest

The post Inflation rate rose sharply in January appeared first on Boing Boing.