The US Department of Labor reported that in January 2023, consumer prices in the US rose 6.4% compared to January 2022. This is the lowest level since October 2021. transmits RBC edition.
Thus, annual US inflation slowed from 6.5% as of December 2022 in January.
However, analysts had previously predicted that US inflation would fall to an average of 6.2%, according to Trading Economics.
To combat rising prices, the US financial regulator – the Fed – has consistently tightened monetary policy and raised the key rate. It has been increased from almost zero to 4.5-4.75% since March 2022. CNBC previously knowledgeable It’s about a possible increase in the discount rate in the US to twice that range. As stated in the material, the rate can be increased by 50 basis points.
In June, US Treasury Secretary Janet Yellen declarationthat high inflation in the country is a global phenomenon and it will not be possible to deal with it in a short time.
How knowledgeable At the end of January, socialbites.ca reported that annual inflation in Russia fell from 11.57 percent to 11.49 percent, based on data from the Ministry of Economic Development.