Inflation Comes Hotter Than Expected for Second Straight Month
By Andrew Moran The U.S. annual inflation rate has risen to a higher-than-expected 3.2 percent, underscoring the challenges policymakers face in reducing it to the 2 percent target. Economists had projected the consumer price index (CPI) to climb 0.4 percent in February, up from the previous month’s 0.3 percent reading. According to the Bureau of Labor Statistics (BLS)…
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