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.
February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for ...
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
Inflation cooled slightly in February, but motor vehicle insurance inflation remains stubbornly high. According to the latest ...
Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even ...
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
While the Fed is likely to keep interest rates unchanged next week, an encouraging February CPI report raises the odds for ...
The odds of the Federal Reserve implementing at least one quarter-point interest rate cut in early May fell to 30.5% after ...
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