WASHINGTON Reuters U.S. consumer prices rose more than expected in January as Americans paid more for gasoline, rental accommodation and healthcare, raising pressure on new Federal Reserve chief Jerome Powell to prevent a possible overheating of the economy..Rise in US inflation puts spotlight on Fed s Powell. The Punch INTERNATIONAL BUSINESS . The United States consumer prices rose more than expected in January as Americans paid more for gasoline, rental accommodation and healthcare, raising pressure on new Federal Reserve chief Jerome Powell .US inflation rises broadly, puts spotlight on Fed. WASHINGTON US consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year, strengthening expectations the Federal Reserve will have to quicken the pace of interest rate increases this .Investors worry that inflation, which is seen as being driven by a tightening labor market and increased government spending, could force the Fed to be more aggressive in raising rates this year than currently anticipated. That would slow economic growth. The U.S. central bank has forecast three rate hikes .
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