economy
February 13, 2026
US inflation falls to 2.4% in January after Trump's tariffs led to price fluctuations
Economists predicted a slight easing of inflation, although it's unclear whether the Fed will again cut interest rates
TL;DR
- US inflation decreased to 2.4% in January, with a 0.2% monthly increase in the consumer price index.
- Core CPI, excluding food and energy, rose by 0.3% in January.
- Last year, inflation fluctuated, hitting a low of 2.3% in April and a high of 3% in September.
- The White House claims Trump's policies are taming inflation, while critics point to tariff-induced price fluctuations.
- The Federal Reserve is considering interest rate adjustments based on inflation and labor market data.
- Recent polls show declining voter approval for Trump's economic record, especially on inflation.
- The administration is introducing measures to address affordability concerns like housing, credit card debt, and drug prices.
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