JUST IN:
US Inflation Ticks Up Again — Now at 2.48% (Truflation Data)
Inflation in the US is rising once more, now sitting at 2.48%, according to Truflation’s real-time index. This is a noticeable move higher from earlier months and puts pressure back on the Fed right before the expected rate cuts.
The chart on the right shows it clearly —
after a long decline through early 2025, inflation has been climbing steadily again.