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.
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
Inflation cooled slightly in February, but motor vehicle insurance inflation remains stubbornly high. According to the latest ...
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
The share of eggs in the CPI represents the proportion of total consumer spending attributed to eggs, expressed as a ...
India's retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable ...
Inflation rose at an unexpected low level of 2.8% in February and the price of eggs, the symbolic measure of post-election ...
US Consumer Price Index (CPI) data indicates cooling inflation, which increases the probability of the Federal Reserve ...
CPI shows softer-than-expected price rises, easing stagflation concerns. Key inflation drivers were shelter & insurance.
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