Consumer prices jump 0.5% in January: Which areas are hot?
The January Consumer Price Index (CPI) came in higher than expected, showing a 0.5% increase month over month and 3.0% year over year. This raises questions about which sectors of the economy continue to experience persistent inflation.
Yahoo Finance Senior Reporter Alexandra Canal examines the factors driving food and shelter inflation, while anchor Madison Mills analyzes the rise in services inflation and its potential impact on Federal Reserve monetary policy decisions.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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