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"US Inflation Slows to 2.4% in January, According to Federal Reserve's Key Measure"

1 min read
Source: Financial Times
TL;DR Summary

The US inflation rate has eased to 2.4%, according to the Federal Reserve's target index, indicating a slowdown in price increases and potentially alleviating concerns about overheating. This development aligns with the central bank's goal of achieving price stability and will likely influence its monetary policy decisions in the near future.

Topics:business#economic-indicators#economics#federal-reserve#price-stability#target-index#us-inflation
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  1. US inflation eases to 2.4%, according to Federal Reserve's target index  Financial Times
  2. Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago  CNBC
  3. The Fed’s favored inflation gauge eases to slowest pace in more than two years  CNN
  4. Key Fed Inflation Measure Rose in January | Economy | U.S. News  U.S. News & World Report
  5. Services drive US prices higher in January; inflation gradually cooling  Reuters

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