Subject: Inflation 2.4%
...unexpectedly:

https://www.nytimes.com/2026/0...

Overall inflation eased to 2.4 percent in January from the same time last year. That was down from the previous 2.7 percent annual pace.

“Core” inflation, which filters out volatile food and energy prices, ticked down to 2.5 percent on a year-over-year basis. It last stood at 2.6 percent.

Bad news.