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
UK public inflation expectations surged in February, BoE survey shows
The British public's expectations for inflation in the long run rose in February to their highest level in more than five years, according to a Bank of England survey on Friday that is likely to underscore its cautious approach to cutting interest rates.
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.
US October-February budget deficit hits record $1.147 trillion
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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.
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 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.
Inflation eased in February, but trade war threatens higher prices
The latest snapshot of ongoing inflation comes amid a new wave of tariffs of 25 percent on steel and aluminum imports, which ...
China February new bank loans fall to 1.01 trillion yuan, below forecasts
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...