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Inflation dropped to 2.4% in January compared with a year earlier, down from 2.7% in December and not too far from the Federal Reserve’s 2% target. Core prices, which exclude the volatile food and energy categories, rose just 2.5% in January from a year ago, down from 2.6% the previous month and the smallest increase since March 2021. Read more: https://www.newsnationnow.com/business/your-money/ap-u-s-core-inflation-may-fall-to-5-year-low-in-report-out-friday/ #inflation #economy #politics | New
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PepsiCo will cut prices on core brands such as Lay's and Doritos by up to 15% following a consumer backlash against several price hikes, the snacks and beverage maker said after it topped fourth-quarter results https://reut.rs/4teyZL9 | Reuters
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