Inflation slows to 2.4% in January, at tamest pace since last May
Inflatie
Inflation slowed in January to its tamest pace since May 2025 after an upbeat jobs report as the economy seemingly skirts the full effects of President Trump’s tariffs for now. The Consumer Price Index rose 2.4% in January, undershooting expectations and decelerating to its pace last May – just a month after Trump unveiled steep “Liberation Day” tariffs that economists warned would reheat prices, the Bureau of Labor Statistics said Friday. The core figure – which excludes volatile food and
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