Inflation Slowed to 2.4% in January, Helped by Lower ​Gasoline Prices

Annual inflation slowed in January, falling more than economists expected, helped by declining prices for gasoline and used vehicles.

Cooler price increases overall are positive news for the economy, easing concerns that the Trump administration's steep tariffs will lead to broader ongoing inflation. Yet price increases in January for items like computers and washing machines suggest inflation is continuing to weigh on Americans exhausted by price hikes...