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.
Inflation Cools More Than Expected. CPI Rose 2.8% in February.
Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even as the effects from higher tariffs threaten to push it up again.. The consumer price index climbed 2.
What does February’s inflation report mean for me?
February’s inflation report was better than expected, but it doesn’t tell us much about where prices are heading given the uncertainty around Trump’s trade war. “The widespread imposition of tariffs represents upside risks to inflation in the months ahead,” Greg McBride, Bankrate’s chief financial analyst, said in a statement.
Inflation rate hits 2.8% in February
We're getting a pulse check on a key measure of inflation. The latest Consumer Price Index shows inflation is up 2.8% compared to this time last year. Those numbers are better than expected. Patrick Rehkamp,
Inflation fell to 2.8% in February
Inflation dropped from 3% to 2.8% for the year ending in February, the Bureau of Labor Statistics reported Wednesday, a sign that price pressures are abating and might not be among the top economic risks facing the new Trump administration.
Inflation Better-Than-Expected 2.8% In February—But Still High, As Trump’s Tariffs Linger
But Trump’s tariffs on Mexican and Canadian goods will add a full percentage point to CPI inflation this year, according to JPMorgan Chase.
Inflation rate eased to 2.8% in February, less than expected
The consumer price index for both all-items and core increased 0.2% in February, slightly below expectations. On an annual basis, headline inflation was at 2.8%, while core was at 3.1%. Both also were 0.
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
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Annual inflation eases to 1.8% in February - CSO
New figures from the Central Statistics Office shows that inflation eased to an annual rate of 1.8% in February from a rate of 1.9% in January.
US inflation is cooling. But not in New England.
Prices rose 4.5 percent across our high-cost region from a year earlier, up from 4 percent in January and the most in two ...
U.S. wholesale prices unchanged in February, in sign that inflationary pressures are easing for now
The readout comes as President Donald Trump ramps up his trade war with a wide range of U.S. trade partners, threatening to send inflation higher. He has effectively imposed 25% t ...