US Inflation Flat in January, Annual Inflation Rate Jumps to 1.4%

The cost of living in the United States was flat in January as cheaper food and gasoline offset bigger housing and medical care bills, according to a government report released on Friday, Feb. 19.

Over the past 12 months, however, US inflation doubled the rate in December and ran at its fastest pace since late 2014. Continue reading US Inflation Flat in January, Annual Inflation Rate Jumps to 1.4%