Today news
About the same in other media
03.04 - 11:31
U.S. Inflation Cooled in February as Fed Confronts Bank Failures
Reading now: 826
Inflation eased in February but remained stubbornly high, presenting a challenge for the Federal Reserve as it confronts how to slow the economy with higher interest rates at the same time it moves to stem banking problems.
The consumer-price index, a closely watched inflation gauge, rose 6% in February from a year earlier, down from a 6.4% gain the prior month, the Labor Department said. It was the smallest increase since September 2021. When excluding volatile food and energy costs, prices advanced a slightly slower 5.5%. Economists view so-called core prices as a better indicator of future inflation.
Read more on wsj.comAbout this in other media
U.S. Bank Failures Pose Risk to Global Growth wsj.com /1 year ago
U.S. Bank Failures Pose Risk to Global Growth wsj.com /1 year ago
U.S. Bank Failures Pose Risk to Global Growth wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
