Article 6V7V1 Inflation picks up speed after Trump promised to ‘rapidly’ bring down prices

Inflation picks up speed after Trump promised to ‘rapidly’ bring down prices

by
Callum Jones in New York
from on (#6V7V1)

Consumer price index rose by 3% in January as president has yet to fulfill pledge of tackling high cost of living

Inflation ticked higher in the US in January as Donald Trump returned to office with a pledge to rapidly reduce prices.

The consumer price index rose by 3% last month - up slightly from December's annualized 2.9% reading.

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