The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
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.
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
Dow futures pointed lower ahead of Friday’s CPI inflation report, setting up a tense open after a bruising tech-led selloff ...
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.