Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool [Globe and Mail, The (Toronto, Canada)]
M&T Bank Corporation (MTB)
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Source: Globe and Mail, The
fell, offering some relief to Americans grappling with the sharp cost increases over the past five years. 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. Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents soared after the pandemic, with consumer prices about 25% higher than they were five years ago. The increase in such a broad range of costs has become a high-profile political issue under the rubric of “affordability.” On a monthly basis, consumer prices rose 0.2% in January from December, while core prices rose 0.3%. Friday's report may point to cooling inflation, but it comes after the cost of food, gas, and apartment rents hav
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- Markets in a period of churn but price action is not concerning: Wilmington Trust's Meghan Shue [CNBC]CNBC
- Inflation measure falls to nearly a five-year low as gas prices fall and housing costs cool [Los Angeles Times (CA)]Los Angeles Times
- U.S. core inflation may fall to 5-year low in report out Friday [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- M&T Bank Awarded for Its Commitment to Serving Small-Business and Middle-Market CustomersPR Newswire
- Greenbacker completes $440 million tax equity financing for the 674 MW Cider solar project — the largest in New York StateGlobeNewswire
MTB
Earnings
- 1/16/26 - Beat
MTB
Sec Filings
- 2/12/26 - Form 4
- 2/11/26 - Form 4
- 2/11/26 - Form 8-K
- MTB's page on the SEC website