Inflation rate rose by 2.8% in February, CPI report shows. Here's what that means for price relief.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
February CPI inflation rises 0.2%, lower than expected
February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for the month, seasonally adjusted.
What the February Inflation Report Means for the Fed
Inflation came in cooler for February. That could give Federal Reserve officials extra confidence that price pressures were easing
US inflation slows in February to 2.8%, lower than expected
Core CPI, which excludes volatile food and energy prices, came in at 3.1% — the lowest reading since April 2021.
CPI Report: February inflation rises, but not as high as predicted
Inflation in February rose just below 3% from a year ago. That's slightly lower than what economists predicted, giving some relief as consumers and businesses brace for the impact tariffs will have.
Inflation Cooled to 2.8% in February, Lower Than Expected
Inflation eased last month, but the data may offer less comfort to businesses, consumers and the Fed than it otherwise would as looming tariffs may keep prices rising.
February CPI reveals cooler-than-expected inflation
Caroline Woods brings you the biggest news of the day, including the latest CPI report.
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
US inflation cooled in February, but Trump’s tariff plans and trade war loom
Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short ...
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...
US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
US wholesale inflation substantially slowed in February
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.