The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Prices rose by 2.4% in the year to January, the latest official figures show, the slowest pace since May.
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained ...
The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is ...
Inflation in the United States eased at the start of 2026, providing a reprieve to the Federal Reserve as it contends with yet another year of consumer prices rising faster than the central bank’s ...
US inflation may hit a five-year low in January as rental costs cool, with core prices easing. Find out how this impacts ...
By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January amid cheaper ...
The consumer price index rose 2.4 per cent year-on-year, the lowest level since May, though affordability concerns still weigh on households Consumer inflation in the US cooled slightly more than ...
US inflation fell more than expected to 2.4 per cent in January, prompting investors to inch up bets on interest rate cuts from the Federal Reserve as price pressures ease in the world’s biggest ...