FINALLY: The DHS Shutdown Is Coming to an End...Sort of
This Reporter Was Left With Severe Burns After Asking Trump This Question About...
Animal Rights Movement Seeks to Jail Hunters and Fishermen With This Measure
This Librarian Was Willing to Lose Her Job Because She Wanted Children to...
WaPo Goes on Defense for Eric Swalwell...for Some Reason, and NY Times Brags...
President Trump Has Already Won on Birthright Citizenship
Roy Cooper’s Donor List Has an Epstein Problem
You Won’t Believe Justice Jackson’s Arguments Against Ending Birthright Citizenship
In Today's NBA, Beliefs Can Be a Firing Offense
Artemis II Blasts Off, Marking America’s Return to Deep Space
Judge Revokes Naturalization of Married Couple Who Allegedly Conspired to Steal Medical Tr...
New Report Alleges $180 Billion Stolen from California Public Programs
Five Indicted in $511K Missouri Childcare Fraud Scheme
Ex-Staffer Blows Whistle on Michigan U.S. Senate Candidate’s Foreign Policy Views
Massachusetts Man Charged With Threatening President Trump on Facebook
Tipsheet

The January Inflation Report Just Dropped. Here's What It Says.

The January Inflation Report Just Dropped. Here's What It Says.
AP Photo/Evan Vucci

On the heels of a stellar January jobs report, we now know the January inflation numbers, and it's more good news for the Trump administration's economic agenda, and for the American people.

Advertisement

According to CNN, inflation is down to 2.4 percent.

"This is some encouraging news on the cost of living," said Matt Egan. "Inflation took a big step in the right direction to start the year off."

"Consumer prices up by 2.4 percent year over year. That is an improvement from 2.7 percent in December," Egan continued, "that beat expectations which were for 2.5 percent. In fact, this is a new eight-month low for annual inflation."

"Month-over-month, prices up by 0.2 percent, also a step in the right direction, also beating expectation," Egan added.

Core inflation is also beating expectations. 

"Economists look really closely at core inflation, which excludes food and energy," Egan said. "Core inflation came in at 2.5 percent. That's notable because that's the lowest annual inflation rate for core, since March of 2021, before the inflation crisis."

CNBC was also positive on these numbers, and private sector workers saw real earnings beat inflation by about $1,400 in President Trump's first year.

Advertisement

This is great news for affordability.

Fox News' Maria Bartiromo said this goes back to the Trump administration's policies.

"This goes right back to President Trump's policies and how he has aggressively tried to rein in the price of oil and gasoline. You look at this number, better-than-expected, you attribute it to the price of gas and oil here, and that is why you're looking at the inflation story NOT hitting the consumer," she said.

Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.

Help us continue to report on the president’s economic successes and combat the lies of the Democrats. Join Townhall VIP and use promo code FIGHT to receive 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement