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Inflation cools to 2.4%, bolstering Fed's cautious rate outlook: Cooler-than-expected reading and a strong jobs report likely to keep Fed rates on hold
American Banker ^ | 02/13/26 | Maria Volkova

Posted on 02/13/2026 7:43:35 AM PST by SeekAndFind

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 cautious stance toward further rate cuts, though President Trump will likely continue to push the central bank to lower rates.

In recent months, as consumers face an affordability crisis, the Trump administration has rolled back tariffs on dozens of food items. The administration has also continued to reach trade deal frameworks with countries that it says will lead directly to lower tariffs.

The Bureau of Labor Statistics said that the price of housing “was the largest factor” in the increase for the month, rising 0.2%. The same went for the “food at home” category, which tracks grocery prices.

The price of energy was among the biggest drops in January, falling 1.5%.

Core inflation, which strips out volatile categories, was also right in line with expectations. That could help bolster the argument that recent rate cuts and actions by the administration are working to bring inflation under control after it soared to 3% in September last year.

(Excerpt) Read more at americanbanker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: inflation; jobs; wages
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To: Karl Spooner

I agree, just check your utility bills.


21 posted on 02/13/2026 8:59:46 AM PST by volare737 ( Diversity is something to be overcome, not celebrated. )
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To: cornfedcowboy

Long term, you are probably on the right track. But the AI efficiencies are really a few years ago. They might be starting now…but BIG gains have to wait for the systems build out. And that takes time.


22 posted on 02/13/2026 9:02:39 AM PST by Vermont Lt
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To: Williams

The FED should not be doing anything regarding interest rates. Its not their job. Their job is to regulate the supply of money, that’s it.


23 posted on 02/13/2026 9:26:55 AM PST by frogjerk
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To: frogjerk

Is it possible that A.I. will dramatically increase productivity by supplementing actual human workers rather than the fear of causing mass layoffs?

On a side note, if the Fed wont cut rates because of inflation too hot OR if inflation is low, then when do they see fit to lower rates? Both situations can’t be correct, can they?


24 posted on 02/13/2026 9:42:03 AM PST by desertsolitaire (Never get tired of this joke...)
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To: SeekAndFind

INB4 the MSM starts saying that inflation is good, and that Trump is ruining it.


25 posted on 02/13/2026 10:03:07 AM PST by FrankRizzo890
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To: SeekAndFind

they published an extra dot, decimal point

actual experienced cost of living. inflation rate is much closer to 24 percent, not 2.4

imho we need real economic, market measures and not the known-falsified phony indecies published by the government in order to hold down social security and civil service and welfare COLAs


26 posted on 02/13/2026 10:38:08 AM PST by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: SeekAndFind

Cub half full, half empty is the problem.
Good news means we have to respond with bad news.
Bad news means we have to double down on attempts to change it.

The media headline gets to choose whether to highlight the good part or the bad part.


27 posted on 02/13/2026 10:53:21 AM PST by spintreebob
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To: Jeff Chandler

“ The “affordability crisis” is a rat talking point.”

It’s real but they caused it.


28 posted on 02/13/2026 10:56:19 AM PST by HereInTheHeartland (“I don't really care, Margaret.””)
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To: SeekAndFind

These FED dolts don’t want growth higher than 1.9% Then they panic.

New FED chair must change this!


29 posted on 02/13/2026 10:58:27 AM PST by citizen (A transgender male competing against women may be male, but he's no man.)
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To: faithhopecharity

“we need real economic, market measures...”

The only thing that will help is less govt spending and that isn’t going to happen.


30 posted on 02/13/2026 11:04:32 AM PST by SaxxonWoods (Annnd....I voted for this too!)
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To: citizen

The rate is right where it should be.


31 posted on 02/13/2026 11:05:11 AM PST by SaxxonWoods (Annnd....I voted for this too!)
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To: SaxxonWoods

True


32 posted on 02/13/2026 11:10:47 AM PST by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: spintreebob
The media headline gets to choose whether to highlight the good part or the bad part.
For the media, which they choose depends on the party in power.
33 posted on 02/13/2026 11:11:11 AM PST by citizen (A transgender male competing against women may be male, but he's no man.)
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To: SeekAndFind

2.8% inflation is still high. The reason it’s not higher is, people aren’t buying near as much as they used to, reducing demand. They aren’t buying because they’re broke, or getting closer to it. We just lost two Wendy’s last week, both been there over twenty years. A lot of low end workers can’t even afford lunch anymore.


34 posted on 02/13/2026 11:14:58 AM PST by Golden Eagle (Principles, not partisanship )
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To: Golden Eagle

2.4%, my bad on the typo. Still not good.


35 posted on 02/13/2026 11:15:51 AM PST by Golden Eagle (Principles, not partisanship )
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To: Jeff Chandler
The "affordability crisis" is a rat talking point.

And like it or not, it will continue to have traction with the window lickers. The inflation rate may decrease, but prices don't typically come down off their highs, even if energy costs decrease.

And wages and salaries rarely keep up with inflation.

"I can't afford much Cheetos." is an easy sell for the demoncraps.

36 posted on 02/13/2026 11:21:27 AM PST by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.)
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To: Sirius Lee

I think a lot of people are smarter than you and the Eagle give them credit for.

What’s unknown is how many.


37 posted on 02/13/2026 11:29:52 AM PST by citizen (A transgender male competing against women may be male, but he's no man.)
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To: Jeff Chandler

Well it the long term it is a structural problem not unique to any administration. The decline began in around 1975. You will see auto prices as one example have eclipsed any wage increases.


38 posted on 02/13/2026 11:41:03 AM PST by Sam Gamgee
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To: citizen
I think a lot of people are smarter than you

I can safely confirm that is true. I can also confirm that a lot of Conservative are less prone to living in denial than you.

39 posted on 02/13/2026 11:41:59 AM PST by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.)
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To: desertsolitaire

The FED should not be doing anything with rates, it is not their job.


40 posted on 02/13/2026 1:23:48 PM PST by frogjerk
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