I'm Jerry Willis, and this is the Fox Business Rundown.

Friday, February 13th, 2026.

We received a deluge of economic data this week, but what did we really learn about the economy

and where it's headed?

You've seen general improvement over the last five months

in the real estate market. I think affordability is the key, right? So there's two ways to play that.

Prices have to come down or interest rates have to come down or both. And I think you're seeing

both of those factors happen right now. This week, we saw a number of key economic reports released.

That includes a January jobs report that came in better than

expected on Wednesday as payrolls grew by 130,000 jobs last month, twice expectations.

However, on Thursday, we learned that the housing market is off to a slow start in 2026.

The National Association of Realtors reported that existing

home sales fell by 8.4% in January. Was it weather or was something else at play? And this morning,

the Consumer Price Index showed inflation is headed in the right direction as it cooled more than

expected in January. And that's good news for the kitchen table.

So what did this week tell us about the rest of the year and what the Fed may do next and how will

the big beautiful impact things in the coming months? It's a great report to start the year.

I think this really pushes and puts pressure on the current Fed.

Lou Bassonis is the executive vice president of Market Strategy, a Prairie operating company, and a Fox News contributor. I mean, we said we've been waiting for Godot. We're waiting for Warsh at this point, really, because he's going to be the one that comes in and moves consensus, but this data supports it. I said it yesterday on air that I think he's going to have all the data cover he

needs to be very dovish and bring rates down and you're starting to see indications of that already

in the January data. So we're seeing year over year numbers look fabulous, right? An actual reduction

in inflation. Core looks fantastic coming right in on the money. 0.3% compared to expectations of 0.3%, 2.5 year over year.

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