The Labor Department released a report on Tuesday showing U.S. consumer prices increased in line with economist estimates in the month of January.
The report said the consumer price index climbed by 0.5 percent in January following a revised 0.1 percent uptick in December.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.