The Labor Department on Tuesday, February 13, issues its report on inflation at the consumer level in January. The Labor Department on Tuesday, February 13, issues its report on inflation at the consumer level in January. Excluding volatile food and energy costs, so-called core inflation could look stickier. Core inflation is watched closely because it typically provides a better read of where inflation is likely headed. The Fed will want to see some cooling in services prices to become more assured that inflation is declining.

Source: Manila Times February 13, 2024 22:29 UTC