US inflation fell to 2.4% in January after last year’s tariff-driven price swings. The consumer price index rose 0.2% for the month. Core inflation increased 0.3%. Economists expected a slightly higher annual rate. Prices fluctuated strongly last year before stabilizing in late autumn. The White House praised the data and rejected tariff-related price spikes. Wall Street watches the report for interest rate signals. The Federal Reserve paused cuts and will decide again in March. Jerome Powell expects a temporary tariff effect on goods prices. Job growth slowed sharply compared with 2024. Polls show weak approval for Trump’s handling of inflation. The administration now promotes measures to reduce living costs.
US Inflation Falls to 2.4% as Tariff Effects Fade
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
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