US inflation fell to 2.4% in January after last year’s tariff-driven price swings. Prices rose 0.2% from December, while core inflation increased 0.3%. Economists expected a slight decline to about 2.5%. Inflation had dropped to 2.3% in April before climbing to 3% in September. It eased to 2.7% by November and December. The White House credited Trump’s economic agenda for stabilizing prices. Officials argued tariffs caused no lasting inflation surge. Investors now watch the Federal Reserve for signals on interest rate cuts. Fed chair Jerome Powell expects tariff effects to peak and then fade this year. The labor market showed resilience, but overall job growth slowed sharply from last year. Recent polls show declining approval of Trump’s economic leadership, especially on inflation.
US Inflation Falls to 2.4% as Tariff Effects Fade
Andrew Rogers
Andrew Rogers is a freelance journalist based in Chicago, USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He graduated with a degree in Journalism from the University of Florida. Over the years, he has contributed to leading outlets such as The New York Times, CNN, and Reuters. Recognized for his sharp reporting and thoughtful analysis, Andrew delivers accurate and timely news that keeps readers updated on key national and global developments.
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