Annual inflation rate fell to 2.4 percent
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A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
CNN business reporter Matt Egan on Friday highlighted an “encouraging” new inflation report from the Bureau of Labor ...
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Friday's report from the Department of Labor revealed that headline, annual inflation reached its lowest level since May.
Annual inflation cools to 2.4% in January as the White House highlights increased wages and economic growth.
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