US inflation fell to 2.4% in January after last year’s tariff-driven price swings. The consumer price index rose 0.2% from December, while core prices increased 0.3%. Economists expected a small decline in the annual rate. Prices dropped to 2.3% in April, climbed to 3% by September, and eased later. The White House credited Trump’s economic agenda for stable inflation. Officials argued low inflation will support future interest rate cuts. Wall Street watches the data for signals before the Fed’s March meeting. Jerome Powell said tariffs will cause a temporary price rise before stabilizing. The labor market stayed resilient, but overall job growth slowed sharply in 2025. Trump highlighted GDP growth and called his first year historically strong. Polls show declining voter approval, with inflation receiving the weakest support. The administration now promotes new measures on housing, credit card debt, and drug prices.
US Inflation Falls to 2.4% as Tariff Effects Ease
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
