Brian Jacobsen and Ben Ayers break down the January CPI report. Ben says there’s a “lot of great news” in the report, digging into his highlights. Brian agrees, stressing the “slow grind lower” over the last few years and speculating that businesses won’t be able to push prices higher because of competitive forces and a squeezed consumer. They discuss concerns ahead, including whether the market has priced in a lot of the good news already.