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 ...
Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even ...
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
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.
Grocery price hikes canceled out price drops in February, the CPI shows. But since 2020, the overall cost of food is up 24%.
India's retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable ...
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed ...
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