Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts

Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.

​Read More Prices (Fares, Fees and Rates), Consumer Price Index, Interest Rates, Inflation (Economics), United States Economy, Federal Reserve System, Powell, Jerome H