Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
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 inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Here's what could happen to inflation next.
The U.S. employment report for January originally due on Friday has been rescheduled for the middle of next week — and the consumer price index was also pushed back a couple of days.
Two surprises in the January CPI jump out: one good and one bad. The good news? The cost of goods, omitting food and energy, ...
Dow futures pointed lower ahead of Friday’s CPI inflation report, setting up a tense open after a bruising tech-led selloff ...
Under the most likely scenario for the consumer inflation reading, the JPMorgan trading desk sees the S&P 500 gaining 0.25% ...