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The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
While the reading was cooler than expected, consumers still saw higher costs for computers, appliances and hospital care.
Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse ...
A decline in the rate of price increases is good news for Americans who have grappled for years with rising costs of living.
Inflation eased more than expected to 2.4 percent pace last month.
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Inflation in the United States eased at the start of 2026, providing a reprieve to the Federal Reserve as it contends with yet another year of consumer prices rising faster than the central bank’s ...
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