January saw a 0.5% rise in essential goods prices, marking persistent inflation. The annual inflation rate reached 3%, the fastest growth in months, prompting the need for long-term strategies to combat inflation issues.
Major stock indices and crypto markets retreated due to high CPI, while the Federal Reserve’s Reverse Repo Facility dropped to 76.446 billion USD, the lowest level in over 1,300 days. Experts suggest potential tightening in credit conditions and the Fed’s need for timely interventions.