Inflation accelerated in January, up to 3%. Have efforts to drive inflation down stalled out?

Name: Inflation accelerated in January, up to 3%. Have efforts to drive inflation down stalled out?
Uploaded: 2025-02-12T10:12:00-0600
Duration: 3 min 11 s
Description: Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, economists say. CBS News financial analyst Jill Schlesinger takes a closer look at the numbers.

Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, economists say. CBS News financial analyst Jill Schlesinger takes a closer look at the numbers.