Inflation rate rose by 2.8% in February, CPI report shows. Here's what that means for price relief.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
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 Cooled to 2.8% in February, Lower Than Expected
Inflation eased last month, but the data may offer less comfort to businesses, consumers and the Fed than it otherwise would as looming tariffs may keep prices rising.
US inflation cools in February, but relief could be temporary
U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead.
US consumer price inflation below expectations in February
Monthly growth and core inflation data also came in lower than expected, but this will not affect the Federal Reserve’s March decision US consumer price inflation data for February came in slightly below expectations across the board.
What the February Inflation Report Means for the Fed
Inflation came in cooler for February. That could give Federal Reserve officials extra confidence that price pressures were easing
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
The Labor Department released the consumer price index for February which found inflation was 2.8%, in line with economists' expectations ahead of the next Federal Reserve meeting.
US inflation cooled in February, but Trump’s tariff plans and trade war loom
Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short ...
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
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 ...
US wholesale inflation substantially slowed in February
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
US producer prices unchanged in February
U.S. producer prices were unexpectedly unchanged in February, but the cooling trend is unlikely to be sustained as tariffs on ...
Inflation eased in February, but trade war threatens higher prices
The latest snapshot of ongoing inflation comes amid a new wave of tariffs of 25 percent on steel and aluminum imports, which ...
Americans Breathe Easier As February Inflation Retreats And Egg Prices Plummet In March
Inflation rose at an unexpected low level of 2.8% in February and the price of eggs, the symbolic measure of post-election ...