Note: Because this inflation report was delayed, it came on a day when I am doing extensive, nonstop traveling in Australia. I won’t be able to post an inflation analysis until much later in the day, possibly overnight in the U.S. Sorry.
I have noticed that most material items have stopped jumping up in price. I've noticed over my long life that…

I have noticed that most material items have stopped jumping up in price.
I’ve noticed over my long life that few things ever go down in price, except maybe some food items (sometimes) and the price of fuel (both up and down).
The report seems fairly correct from what I experience at this point.
Just for the record, The New York Times reported this CPI release as straight objective news, under a headline stating that inflation eased in the first month of the new year, without a single mention in the entire article of the possibility that Trump’s repeated pressure on the BLS, his shuffling of its leadership, and his demand for lower Fed interest rates may be calling the statistics’ own reliability into question.
However, all of the leading reader comments on the article do so, citing real-world expenses of real-world people who are unable to name anything (i.e, anything that really matters) that’s going down in price and also unable to name anything (i.e., anything that really matters) that’s going up by only 2.4% year-over-year.
https://www.nytimes.com/2026/02/13/business/inflation-cpi-report-january.html
It sure doesn’t feel like inflation is down when I go food shopping.
Any month now we should see the tariff-induced inflation pick up.
I get confused by these inflation reports. It certainly doesn’t feel like inflation is declining. And with the dollar having dropped about 10% over the year against a basket of currencies, how can inflation seriously be only running at 2.4%? Since a large portion of the imports we buy are not only are tarrif-ed but bought with a dollar declining in value, isn’t our purchasing power declining (meaning real inflation is increasing) on most of the things we import?
Any thoughts on this aspect of inflation?
Your right, you never know when inflation is going to pick up due to Tariffs, but I heard some recent good news. The courts and congress are opposing Trump’s liberal use of Tariffs more and more. Some Tariffs appear to be going down as a result. We will all see.
Well, the Supreme Court has yet to weigh in, though they’ve been sitting on the decision for quite a while. The arguments sounded pretty confident they would side with Congress continuing to have the constitutional powers here, but then it’s been radio silence.