Tag: Inflation
Inflation Eased More Than Expected In February
An Article Summarized by CNBC Inflation slowed in February, with the Consumer Price Index (CPI) rising 0.2% for the month and 2.8% year-over-year, both below expectations. Core CPI, which excludes food and energy, also increased 0.2%, bringing its annual rate to 3.1%, the lowest since April 2021. Shelter costs remained a primary driver, while food…