Inflation cools to 2.4%, bolstering Fed’s cautious rate outlook
By: Maria Volkova | Published: 2026-02-13 14:30:35 | Source: www.nationalmortgagenews.com
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- Key Insight: Inflation showed signs of cooling in January, with the annual inflation rate dropping to 2.4%.
- Supporting data: Prices excluding food and fuel rose 0.3% in January, while food increased 0.2% and energy prices ticked down by 1.5%, the report found.
- Forward look: The January inflation reading remains slightly above the Fed’s longstanding 2% target and is likely to reinforce a…
