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.
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
The bad news is Wall Street is in correction territory and consumer sentiment reflects the economic turbulence. The good news ...
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U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not ...
Inflation came in cooler for February. That could give Federal Reserve officials extra confidence that price pressures were ...
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...
Mortgage rates have remained uncomfortably high since last fall, with 30-year fixed rates averaging 6.63% last week, ...
BERLIN (Reuters) -German inflation fell to 2.6% in February, the federal statistics office said on Friday, revising down ...
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