The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained elevated above the Federal Reserve's target.

Among those respondents worried about the economy, inflation emerged as the dominant issue, cited by 47% as their top concern. The cost of housing ranks second at 29% while retirement savings concerns, 11%, and job loss, 4%, lagged well behind.

Will the decline in inflation help lower mortgage interest rates? Here's what borrowers need to consider right now.

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer than previously expected,

WASHINGTON >> U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs for services, suggesting little urgency for the Federal Reserve to resume cutting interest rates before summer.

In simple terms, this means the fact that January 2025’s inflation drops out of the twelve-month calculation. The CPI reading for January 2025, a rise of 0.6%, was exceptionally high because of the increase in the rate of VAT which came into force that month. Now that it is no longer included in the calculation, the average is pulled downwards.

Inflation cooled more than economists expected in November, instantly reshaping how traders, borrowers, and policymakers are thinking about the next move from the Federal Reserve. With price pressures easing and financial markets quick to react, the odds ...

Onion or tomato prices will no longer dominate inflation headlines. With rent and services gaining weight, the new data reset could quietly shape your EMIs, savings returns and everyday financial decisions.