US inflation slows to 6.4%, but price pressures re-emerge

Name: US inflation slows to 6.4%, but price pressures re-emerge
Uploaded: 2023-02-15T03:30:57Z
Duration: 2 min 32 s
Description: Consumer prices climbed 6.4% in January from a year earlier, down from 6.5% in December. It was the seventh straight year-over-year slowdown and well below a recent peak of 9.1% in June. Yet it remains far above the Federal Reserve’s 2% annual inflation target.

Consumer prices climbed 6.4% in January from a year earlier, down from 6.5% in December. It was the seventh straight year-over-year slowdown and well below a recent peak of 9.1% in June. Yet it remains far above the Federal Reserve’s 2% annual inflation target.

Posted February 14, 2023 10:30pm EST