Feb. US CPI data suggests firmer PCE inflation ahead
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The latest set of US CPI data releasing today, will be keenly watched by the global analysts and market observers.
Follow along with Investopedia's live coverage of Friday's inflation report from the Bureau of Labor Statistics.
Economists expect February’s Consumer Price Index report to show rising consumer prices and inflation stuck well above the Fed’s 2% target. The year kicked off with softer-than-expected inflation in January,
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
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US CPI up 0.3% in February: Consumer discretionary ETFs to watch
U.S. consumer prices rose moderately in February, with the Consumer Price Index (CPI) rising 0.3% for the month, according to data released by the U.S. Labor Department. The reading, which left the annual inflation rate steady at 2.
From groceries to utilities and subscriptions, the latest CPI reading highlights the categories seeing the sharpest price increases and declines.
February's consumer-price index may already be old news, with market participants looking ahead to what may be a troubling March CPI report, which may reflect the intensifying conflict in the Middle East.
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Good CPI numbers are irrelevant
CPI data comes in as expected… unfortunately, it’s already outdated… aluminum is jumping… how to play it… Alcoa looks like it’s headed for a breakout This morning, the latest Consumer Price Index (CPI) numbers came in as expected.