Overview
  • The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month and the lowest since May 2025.
  • Excluding food and energy, the core CPI was up 2.5%. Economists surveyed by Dow Jones had been looking for an annual rate of 2.5% for both readings.
  • The lower-than-expected reading helped boost the outlook for Federal Reserve interest rate cuts in the futures market.

Source: https://www.cnbc.com/2026/02/13/cpi-inflation-report-january-2026.html