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 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% ...
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow ...
US-China trade tensions hit Asian markets. Hang Seng and ASX 200 decline, while Nikkei 225 rises on Yen weakness ...
US inflation data for February 2025 will be released today at 6 PM IST, with markets bracing for volatility. A ...
Norway's core inflation rate rose well above what analysts and the central bank had expected in February, data showed on ...
Markets breathed a sigh of relief on Wednesday as the latest inflation data showed a notable cooldown in February. But the softer print is unlikely to sway Federal Reserve officials to lower interest ...
Mexico’s inflation accelerated more than expected in February, as policymakers doubled the pace of interest rate cuts and ...
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