Published On: Wed, Feb 14th, 2024
World | By

U.S. inflation up 0.3% in January, Fed still expected to cut interest rates this year

A person walks by a clothing store with a sale sign in the window.

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won’t change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024.

CBC | World News

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