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US inflation unexpectedly increases

12 February 2025
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US inflation unexpectedly increases
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US inflation unexpectedly increased to 3% in January, surpassing economists’ expectations of 2.9%, driven by higher egg and energy prices. The rise poses a challenge to President Trump’s inflation-fighting campaign promises, especially as tariffs on imports risk pushing prices even higher. The Federal Reserve’s decision to hold interest rates unchanged reflects concerns over the uncertain economic outlook amid persistent inflation above the bank’s 2% target.

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