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 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 both January’s 3 per cent and the 2.9 per cent expected by economists, according to a Reuters poll.
According to the most recent BLS reading, released Wednesday morning, February saw less steep price increases for consumers. The Consumer Price Index (CPI) rose by 0.2 percent, a slowdown from January ...
Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
Tariffs expected to boost inflation in the coming months; Federal Reserve seen holding interest rates steady next week ...
NEW YORK] Economists forecast that US inflation probably stayed elevated last month after a large increase in January, adding ...
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