In January, annual US inflation rose to 3.0%, up from 2.9% in the previous month, while month-over-month inflation increased to 0.5%. Core inflation, which excludes food and energy, also saw an uptick to 3.3%. Isaac Stell from Wealth Club noted that the Federal Reserve is likely to maintain its current policy stance due to rising inflation, with markets predicting only one rate cut for 2025. The Fed faces additional challenges due to policy uncertainty and must balance its dual mandate, raising speculation on potential future rate hikes.
"Annual US inflation increased for the fourth month in a row to 3.0% in January, with core inflation coming in hotter than expected."
"The Fed not only has to juggle its dual mandate of price stability and maximum employment, but must also deal with the White House tariff and policy circus."
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