
Cheryl Casone delivers a Fox Business Alert, reporting that the January Consumer Price Index (CPI) showed inflation rose by 0.2% month-over-month, slightly less than the expected 0.3%. Year-over-year inflation also came in lower at 2.4% compared to the 2.5% estimate. Casone highlights that a fall in energy prices was a key factor in keeping overall inflation tamed, while core CPI met expectations.