US inflation fell more than expected to 2.8% in February
US inflation fell more than expected to 2.8 per cent in February, bolstering the case for the Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy. Wednesday’s annual consumer price index figure was below January’s 3 per cent and the 2.9 per cent expected by economists, according to a Reuters poll.
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest ...
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to ...
The CPI inflation rate in the US slowed down in February after months of constant surge. While egg prices increased by 10.4% in February, the growth rate was slower compared to January’s 15.2% jump.
Electricity inflation dropped to 1% from the 0.2% acceleration a month ago. This even as Manila Electric Co. (Meralco) raised the overall rate by P0.2834 per kilowatt-hour (kWh) to P12.0262 per ...
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