US Inflation slows to 2.8 pc in Feb., lowest since Nov. 2024
US inflation fell more than expected to 2.8% in February
US inflation fell more than expected to 2.8 per cent in February, bolstering the case for Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy. Wednesday’s annual consumer price index figure was below both January’s 3 per cent and the 2.9 per cent expected by economists, according to a Reuters poll.
The consumer price index rose 0.2 per cent in February after accelerating 0.5 per cent in January. Read more at ...
NEW YORK] Economists forecast that US inflation probably stayed elevated last month after a large increase in January, adding ...
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the ...
Investors are digesting better-than-expected inflation data and bracing for the next move in Trump's escalating trade war.
Core wholesale prices, which exclude volatile food and energy costs, declined by 0.1 per cent from January—marking the first ...
Gold and silver prices rise due to factors like economic uncertainty, US dollar weakness, and central bank purchases.
Wall Street broadly picked momentum due to better-than-expected CPI print which eased economic concerns. Also, a sharp ...
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 ...
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