February 13, 2026
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2:47Now PlayingInflation cooled in January, dropping price increases to their lowest level in nine months and defying fears of a tariff-induced hike in overall costs. ABC News' Elizabeth Schulze reports.
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January inflation at lowest level in nine months
Inflation lowest since Trump tariff announcement
Gas prices down, grocery prices up moderately
Utilities, medical care, child care prices rising faster
Lower income households struggling with price increases
Federal Reserve cut rates three times, mortgage rates at 6%
Half of homeowners locked in rates below 4%
Home sales dropped significantly in January
High home prices and job market uncertainty deter purchases
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