Inflation eased slightly in January but remained well above the Fed's target ^77.7%

Fox Business - By Eric Revell - 2/13/2026, 1:32 PM

Inflation remained elevated in January as the pace of consumer price growth stayed above the Federal Reserve's target rate as policymakers weigh affordability concerns. The Bureau of Labor Statistics on Friday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost –... more