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.
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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 Dece... The story is categorized under Economy with a positive tone (score 0.07).
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