Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than economists' expectations ahead of the next Federal Reserve meeting.
US consumer inflation slowed in Feb., first time in 5 months
US consumer inflation slowed in February for the first time in five months. The Federal Reserve has reiterated that it is in no rush to lower interest rates, but some investors are concerned about an economic slowdown.
Inflation cooled more than expected in February
Inflation, as measured by the consumer price index, slowed more than expected in February. The CPI increased 2.8% from a year ago.
February CPI inflation rises 0.2%, lower than expected
February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for the month, seasonally adjusted.
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.
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