That's down from 3% in January. The deceleration is encouraging after fears in recent months that inflation had become entrenched and wasn't falling back to target. "Progress is bumpy," said Michael ...

Key UK CPI inflation data is due early on Wednesday.

The latest MoneyShow Chart of the Day shows the year-over-year change in the two main “core” (excluding food and energy) inflation readings we get each month. Core PCE rose just 2.6% year-over ...

Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump's tariff policies could ...