U.S. Consumer Price Index Rose 0.5% in January 2025

By Tom Burnett CFA On February 12, 2025, the Bureau of Labor Statistics issued its CPI Report for January 2025. The CPI increased by 0.5% in January, after an increase of 0.4% in December 2024. The year-over-year increase was 3.0%, the highest figure since June 2024. The Core Index, excluding food and…

By Tom Burnett CFA On February 7, 2025, the Bureau of Labor Statistics issued its Employment Report for January 2025. Total employment rose by 143,000 to 159.6 million workers. The unemployment rate fell from 4.1% to 4.0%. The number of job seekers was unchanged at 6.8 million, less than the latest 7…

By Tom Burnett CFA On January 29, 2025, the Federal Open Market Committee (“FOMC”) announced that it was leaving the Fed Funds rate at the current range of 4.25%-4.50%. The decision was unanimous among all 12 voting members. The Fed will continue to shrink its Balance Sheet by redeeming $25 billion…

Consumer Prices Rose 0.4% in December 2024 By Tom Burnett CFA On January 15, 2025, the Bureau of Labor Statistics issued its Consumer Price Index report for December 2024. The Index increased by 0.4% in December, after rising 0.3% in November. The increase was the largest monthly figure since March 2024…

U.S. Economy Added 256,000 Jobs in December 2024 By Tom Burnett CFA On January 10, 2025, the Bureau of Labor Statistics issued its Employment Report for December 2024. Total employment grew by 256,000 jobs and the unemployment rate fell from 4.2% to 4.1%. Job seekers totaled 6.9 million, less than the…