Consumer inflation in the US unexpectedly accelerated in February, raising concerns for policymakers as they consider interest rate cuts.
Consumer inflation in the US unexpectedly accelerated in February , raising concerns for policymakers as they consider interest rate cuts. Despite a decrease from its peak in 2022, the cost of living continues to put pressure on households.
The annual consumer price index (CPI) came in at 3.2% last month, indicating that these pressures may persist. The core CPI, which excludes food and energy prices, slightly decreased to 3.8%, but remained higher than analysts' expectations.
US Consumer Inflation February Interest Rate Cuts Cost Of Living Consumer Price Index CPI Core CPI
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