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.
As Treasury Secretary Scott Bessent describes it, this effort by the Trump administration to tame inflation is a ...
7don MSN
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the ...
The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...
Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even ...
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ...
Morgan Stanley expects inflation to settle at 3.9 percent in March and the Reserve Bank to cut rates by another 50 bps over ...
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