Inflation cooled more than expected in January, delivering a rare piece of good news for consumers and bolstering hopes that interest rate relief could be on the way.
The consumer price index rose 2.4% from a year earlier, the Bureau of Labor Statistics reported Friday. That was down 0.3 percentage point from December and marked the lowest annual reading since May 2025.
Excluding volatile food and energy prices, c...... to continue reading, follow the link below
Read more about NEW: Inflation Report Vindicates Trump, Shows Economy Bouncing Back
The consumer price index rose 2.4% from a year earlier, the Bureau of Labor Statistics reported Friday. That was down 0.3 percentage point from December and marked the lowest annual reading since May 2025.
Excluding volatile food and energy prices, c...... to continue reading, follow the link below
Read more about NEW: Inflation Report Vindicates Trump, Shows Economy Bouncing Back