US inflation falls to 2.4% in January after Trump’s tariffs led to price fluctuations | US economy
US inflation moderated to 2.4% in January, easing from the previous year's fluctuations triggered by Donald Trump’s tariffs. The consumer price index (CPI) rose 0.2% from December to January, with core CPI increasing 0.3%. Economists had predicted a slight decrease, bringing the annual inflation rate down to 2.5%. The Federal Reserve is closely monitoring this report and its potential impact on interest rates, as well as the labor market's strength and job growth.
13 FEB 2026
· THIS STORY — The Guardian
US inflation falls to 2.4% in January after Trump’s tariffs led to price fluctuations | US economy
— South China Morning Post
Despite exceeding expectations, US consumer price index growth in January fueled hopes for a Federal Reserve interest rate cut, but economists caution against premature optimism.
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