In January, U.S. consumer prices rose more than expected due to increases in shelter and healthcare costs, according to Reuters. Despite this, U.S. Treasury Secretary Janet Yellen stated that the consumer price index (CPI) data indicates significant progress in the fight against inflation. Yellen's comments highlight a positive outlook on the inflation battle, even as the latest figures suggest persistent price pressures.
US Treasury Secretary Janet Yellen touted progress in bringing down inflation even as the latest monthly data pointed to stubborn price gains https://t.co/3Una8tKOlc
⚠️ YELLEN SAYS CPI DATA SHOWS PROGRESS IN US FIGHT AGAINST INFLATION (Reuters) U.S. Treasury Secretary Janet Yellen said on Tuesday that consumer price index data for January showed progress in the fight against inflation despite a surge in the cost of shelter that pushed up… https://t.co/8p4mKZdghM
🔴 US TREASURY SECRETARY YELLEN: JANUARY CONSUMER PRICE INDEX DATA SHOWS SIGNIFICANT PROGRESS IN FIGHT TO BRING DOWN INFLATION
❖ YELLEN SAYS JANUARY CPI DATA SHOWS SIGNIFICANT PROGRESS IN FIGHT TO BRING DOWN INFLATION
⚠️ US CONSUMER PRICES RISE MORE THAN EXPECTED IN JANUARY (Reuters) U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations that the Federal Reserve will…