Cooling US inflation and steady job growth in January strengthen hopes the economy can avoid recession in 2026.

Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually.

Due to the new series, inflation is seen to be lower than earlier-projected, giving room for the central bank to extend the pause on policy rate further, say economists.

Add Yahoo as a preferred source to see more of our stories on Google. People shop for fruit in a grocery store in the Manhattan borough of New York City on December 13, 2025. - Charly Triballeau/AFP/Getty Images US consumer prices rose 2.7% annually in ...

The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above target, easing policy again risks repeating past ...

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than planned due to the ongoing government shutdown, the ...

Fed officials should be able to focus on the wavering labor market and cut interest rates by another quarter percentage point at their final meeting of the year next week, thanks to relatively stable inflation data. The Fed's preferred inflation gauge ...

Eurozone inflation fell to 1.7% in January, its lowest since September 2024 and below the ECB’s 2% target. Core inflation eased to 2.2% as energy prices plunged. View on euronews