US consumer price inflation below expectations in February
US consumer price inflation data for February came in slightly below expectations across the board. However, while the Fed does not target this index, price pressures are still too strong to warrant a near-term Fed cut. The data does ease fears of resurgent inflation that resulted from a high January CPI reading.
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
While the overall producer price index came in flat, prices for goods increased by 0.3% in February, while services costs ...
Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even ...
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Excluding volatile food and energy prices, so-called core wholesale prices fell 0.1% last month from January, first drop ...
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
CPI shows softer-than-expected price rises, easing stagflation concerns. Key inflation drivers were shelter & insurance.
India's headline consumer price index (CPI) inflation eased to 3.61 per cent in February-the lowest since July 2024-on the ...
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed ...
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