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US Inflation Cools to 2.4%, Markets React to AI Fears

2/16/2026

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Story summary
  • The United States Bureau of Labor Statistics reported 2.4% year-over-year inflation in January 2026.
  • Core CPI fell to 2.5%, the lowest reading since April 2021, showing cooling prices.
  • Economists anticipated the figures ahead of the release.
  • Markets ended the week in the red amid concerns about artificial intelligence's impact on companies.