inflation eased slightly in January as concerns about President Trump's tariff plans grew. The pce index, favored by the federal reserve, showed a 2.6% annual rate, signaling a potential hold on interest rates for now, despite mixed spending and income trends.

Mentioned in relation to his tariff plans affecting inflation.

The central banking system of the United States, which prefers the PCE inflation measure.

Provided insights into futures traders' expectations regarding interest rate cuts.