January CPI rose 6.4% over the last 12 months vs the expected 6.2%

Inflation Cooled to 6.4% in January

This marked the seventh straight month of cooling in annual inflation since peaked at 9.1% in June, 2022.

The CPI report, interest rate hikes, house prices and rents, wage growth, job openings, unemployment rate, international conflicts and trade wars all play a significant role in guiding the market's macroenvironment. https://www.bls.gov/cpi/

https://www.bls.gov/news.release/cpi.nr0.htm

“In January, the Consumer Price Index for All Urban Consumers increased 0.5 percent, seasonally adjusted, and rose 6.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.4 percent in January (SA); up 5.6 percent over the year (NSA).”