[**https://www.cnbc.com/2025/02/12/cpi-january-2025.html**](https://www.cnbc.com/2025/02/12/cpi-january-2025.html)
>Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates.
>The consumer price index, a broad measure of costs in goods and services across the U.S. economy, accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, the Bureau of Labor Statistics reported Wednesday. They were higher than the respective Dow Jones estimates for 0.3% and 2.9%.
>Excluding volatile food and energy prices, CPI rose 0.4% on the month, putting the 12-month inflation rate at 3.3%. That compared to respective estimates for 0.3% and 3.1%.
>Shelter costs continued to be a problem for inflation, rising 0.4% on the month and accounting for about 30% of the entire increase, the BLS said.
>Markets tumbled following the news, with futures tied to the Dow Jones Industrial Average sliding more than 400 points while bond yields soared.
It's a good day to BUY...