Rents push up U.S. consumer prices; inflation gradually cooling

WASHINGTON  – U.S. consumer prices accelerated in January as Americans continued to be burdened by higher costs for rental housing and food, suggesting that the Federal Reserve was far from pausing its interest rate hiking campaign. The report from the Labor Department on Tuesday also showed the pace of disinflation in the annual consumer price measures … Continue reading Rents push up U.S. consumer prices; inflation gradually cooling