February Inflation Report: CPI Live Updates
The Consumer Price Index inflation report set for release on Tuesday morning could be a big news event for the Federal Reserve and many in markets.While it’s expected to show that a key measure of price increases continued to cool in February, investors will be watching even more closely to see what the underlying trends in the data suggest about what comes next.Overall inflation is expected to hold steady at 3.1 percent on an annual basis. That’s down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the 2020…
