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 mild increase in February in both overall consumer prices and the so-called core rate of inflation stemmed largely from lower costs of gasoline, plane tickets and new cars and a slowdown in rent ...
That being said, February's inflation rate represented only a slight drop from January's 3.0% increase ... Below, we'll outline three reasons why a $5,000 long-term CD is a smart choice in ...
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.
American families are growing sharply less optimistic about the economic outlook, but the Federal Reserve may be loathe to ...
When inflation is high, the Federal Reserve might increase the federal ... it on closing day. Learn why mortgage notes are important for borrowers. A buydown interest rate program lets you pay ...
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