US Inflation in January 2014 Ticks Up, Annual Inflation Rate at 1.6%

US inflation climbed at a slower pace in January, by an amount considered tame through the eyes of economists.

More noticeable is the rate of inflation over the past 12 months, an increase many Americans can perhaps better associate with as they are reminded of higher costs in energy, food, shelter and medical care. Continue reading US Inflation in January 2014 Ticks Up, Annual Inflation Rate at 1.6%