The January CPI report was encouraging under the surface, with shelter costs finally decelerating and tariff effects fading, according to Tiffany Wilding, an economist at Pimco. The rental market seems stagnant,

Dow futures pointed lower ahead of Friday’s CPI inflation report, setting up a tense open after a bruising tech-led selloff the prior session. The trend was similar across the futures of all indices as S&P 500 futures slid 0.

The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.

The US CPI data for January 2026 has been released by the Bureau of Labor Statistics today. The annual inflation rate in the US slowed to 2.4% in January 2026, marking its lowest level since May, down from 2.7% in each of the previous two months and below forecasts of 2.5%.

Treasury yields were falling Friday, after fresh data showed inflation in January was slightly softer than expected. The yield on the 10-year Treasury note was declining about 2 basis points to around 4.

Inflation remained relatively contained at the close of 2025 despite turbulence from tariffs, giving the Federal Reserve some breathing room as it weighed the threat of price pressures against a cooling labor market.

If US inflation actually shows signs of cooling down, the next FOMC meeting on March 17-18 will be an interesting event to watch.

Currently, gold prices on the MCX hover in a tight range of around ₹1,50,000 to ₹158,000. And silver MCX futures are trading near the ₹2,35,000 – Rs2,70,000 zone.

The dollar edged higher as U.S. trade concerns eased and investors awaited U.S. inflation data for clues on the pace of expected rate cuts.

Stock Market Today: The major indexes remain positive after wavering earlier in the session. A vaccine stock bolts higher.

Silver, gold rates today: Gold and silver prices are expected to attract bulls' attention as disappointing US CPI data is expected to put US Dollar rates under pressure, say experts