US Core CPI Rises in January on Firmer Services Costs

The numbers just starting to drop here. And they are a little bit better than what economists expected. A 2/10 rise in the CPI headline, which puts us at 2.4%, down from 2.7% on an annual basis.The 2.7% was for December, remember. There are some things you got to think about with these numbers because of the fact that we didn't have any October numbers. And that biases all of this.Core CPI comes in up 3/10. That's more than the Jan in the December 2/10, but it's what the market had forecast on a year over y ...