U.S. Inflation Details Offer Room For Deeper Fed Rate Cuts
Source: SeekingAlpha
2026-02-16 01:15:00 ET
By James Knightley , Chief International Economist, US
January US consumer price inflation was marginally lower than expected, with headline CPI up 0.2% month-on-month (consensus 0.3%), while core (ex food & energy) came in as predicted at 0.3% month-on-month (0.295% to 3dp). This leaves the year-on-year rates at 2.4% for headline and 2.5% for core, a four-year low, versus 2.7% and 2.6%, respectively in December. Energy prices fell 1.5% MoM, while used vehicle prices dropped 1.8%. Virtually all other components were very well-behaved, with housing costs rising just 0.2%....
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U.S. Inflation Details Offer Room For Deeper Fed Rate Cuts
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