The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation.
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts. Follow along with our live coverage here.
The trading world awaits the final piece to this week's US economic puzzle, with the US Consumer Price Index (CPI) releasing ...
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Discover how the Consumer Price Index compares with the Producer Price Index and GDP deflator in measuring inflation, ensuring your financial decisions are well-informed.