Inflation Eases Slightly in January

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preferred inflation measure

CNBC

•

Business

Business & Economics

Fed's favorite core inflation measure hits 2.6% in January, as expected

Summary

Nutrition label

79% Informative

Inflation eased slightly in January as worries accelerated over President Trump 's tariff plans.

Personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate.

Excluding food and energy, core PCE also rose 0.2% on the month .

The numbers all were in line with Dow Jones consensus estimates.

VR Score

Informative language

Neutral language

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formal

Language

English

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not offensive