Breaking: US CPI inflation softens to 2.8% in February vs. 2.9% forecast
As measured by CPI, inflation in the US is set to rise at an annual pace of 2.9% in February, down slightly from 3.0% reported in January. Core CPI inflation, which excludes the volatile food and energy categories, is expected to ease to 3.2% in the same period from a year earlier, compared to a 3.3% growth in January.
Inflation Relief: U.S. CPI Rose Less Than Forecast in February
Inflation in the U.S. softened more than expected in February, putting Federal Reserve rate cuts firmly back in plan as spring and summer approach. The Consumer Price Index rose 0.2% in February, according to a report from the Bureau of Labor Statistics on Wednesday morning.
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
The share of eggs in the CPI represents the proportion of total consumer spending attributed to eggs, expressed as a ...
Food prices rose by 0.2% in February, fueled by increases in the indexes for eggs, meats, poultry, fish and beef, according ...
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Consumer Price Index Up 2.8% In February, Rises Less Than Expected: Markets Cheer But Recession Fears LingerU.S. Consumer prices rose less than expected in February, with the consumer price index (CPI) rising 0.2% month-on-month and ...
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the ...
U.S. stock futures were higher on Wednesday morning after February's consumer-price-index report showed inflation rose 0.2% last month and 2.8% from a year ago. Excluding volatile food and energy ...
We're getting a pulse check on a key measure of inflation. The latest Consumer Price Index shows inflation is up 2.8% compared to this time last year. Those numbers are better than expected. Patrick ...
The Labor Department released the consumer price index for February which found inflation was 2.8%, in line with economists' expectations ahead of the next Federal Reserve meeting.
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