Showing posts with label CPI for Feb. 2023. Show all posts
Showing posts with label CPI for Feb. 2023. Show all posts

Tuesday, March 14, 2023

Feb. CPI | Inflation Pulls Back to 6% as Fed Confronts Bank Failures

Inflation Pulls Back to 6% as Fed Confronts Bank Failures

Snippet of Article: "Elevated inflation cooled modestly in February, as the Federal Reserve faces dual threats of rising prices and financial instability. The consumer-price index, a closely watched inflation gauge, rose 6% in February from a year earlier, versus a 6.4% gain the prior month, the Labor Department said Tuesday, the slowest pace since September 2021. The smaller increase comes as the Fed contemplates its next interest rate move while confronting price pressures and bank failures. ..."

Source: www.wsj.com

CPI for Feb. 2023,