Lower food prices help offset higher energy costs
The consumer price index rose 0.3% from December to January and 3.1% from a year ago
Robust consumer spending is fuelled by credit growth, report says
A growing share of business forecasters worry that the Fed is keeping rates unnecessarily high
Decline in real income followed four quarters of growth
Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Core inflation remained persistent, even as energy inflation stayed negative
The central bank says shelter costs are now the primary driver of above-target inflation
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
High interest rates, heightened macro uncertainty weigh on deal flow