Economists predicted a slight easing of inflation, although it’s unclear whether Fed will again cut interest rates
US inflation moderated in January to 2.4%, an easing after Donald Trump’s tariffs triggered price fluctuations last year.
Prices rose 0.2% from December to January, according to data released by the US Bureau of Labor Statistics on Friday measuring the consumer price index (CPI), which measures the price of a basket of goods and services. Core CPI, which strips out the volatile food and energy industries, went up 0.3% over the month.
Continue reading…
Source link : https://www.theguardian.com/business/2026/feb/13/january-inflation-tariffs-trump
Author : Lauren Aratani
Publish date : 2026-02-13 13:53:00
Copyright for syndicated content belongs to the linked Source.
