Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
In this Thursday, Jan. 10, 2013 file photo, a woman shops at a Nordstrom store in Chicago. U.S. consumer prices were flat last month, the latest sign inflation is in check. That could give the Federal Reserve room to continue its efforts to stimulate growth. The consumer price index has risen 1.6 percent in the 12 months ending in January, the Labor Department said Thursday, Feb. 21, 2013. That’s down from a 2.9 percent pace a year ago.
WASHINGTON (AP) — U.S. consumer prices were flat in January from December for the second month in a row, the latest sign inflation is in check. That could give the Federal Reserve leeway to continue its efforts to stimulate growth.
The consumer price index has risen 1.6 percent in the 12 months ending in January, the Labor Department said Thursday. That’s down from a 2.9 percent pace a year ago.
Excluding the volatile food and energy categories, core prices rose 0.3 percent in January. Core prices have risen 1.9 percent in the past year, below the Fed’s inflation target. That’s also...
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