The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...
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Core CPI, which excludes volatile food and energy prices, came in at 3.1% — the lowest reading since April 2021.
US inflation fell more than expected to 2.8 per cent in February, bolstering the case for the Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy.