The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month,

Partner Center Mid-tier U.S. data presented a nuanced picture of the economy, with the services sector maintaining steady growth while private sector job creation slowed to a crawl in January, prompting mixed movements in the U.S. dollar across major currency pairs. Key Takeaways ADP National Employ