CPI Report Highlights Persistent Price Pressures In U.S. Economy

According to BlockBeats, on January 15, Pepperstone analyst Michael Brown commented on the latest CPI report, which presents a complex picture of price pressures within the U.S. economy as 2024 draws to a close. The report underscores that underlying price pressures remain relatively stubborn, indicating that the path back to the 2% inflation target will be relatively turbulent.