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.
US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war.
It’s been extremely jumpy for the past few months. Though February’s one-month annualised reading was below the January pick-up, shelter inflation was higher in February than in December and September ...
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s ...
Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month. The Producer Price Index, a wholesale inflation gauge that is being closely watched for ...
Bond yields fell early Wednesday as traders awaited the consumer price index report for February, due before the opening bell rings on Wall Street.
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