Inflation Cools, Wages Rise As Trump White House Celebrates Affordability Gains

New federal data released Friday showed inflation slowing and wages rising in January, trends the Trump administration says signal improving affordability. The Bureau of Labor Statistics reported that consumer prices rose 2.4% last month, below the 2.5% forecast. Markets rose following the news. Average hourly earnings rose 3.7% over the past year, outpacing inflation and ...